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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Mary Baker who wrote (19985)	6/3/1999 8:19:00 PM
From: Craig A	Respond to of 41369

Mary Perhaps we have become our own worst enemy here. Perhaps we are thinking too much.

To: Mary Baker who wrote (19985)	6/3/1999 8:50:00 PM
From: Aljorma	Respond to of 41369

Mary, I don't believe there is anyone on this board that doesn't wish they sold at $175. If there is I'd like to know why? We all get caught up in the momentum, and I think some of us still are. We still have this vision of a rally taking us out of this decline, but we're not even getting a break from it. A friend after buying AOL told me he would like to triple his money. I called him the day he did, but he decided to stay. He didn't sell probably because he felt there was no stopping AOL. Today he was over for lunch and said he was going to put a stop loss at 100. Which is a little over a double. I know I wish I sold at 150 especially the way things look today. Maybe we will get that rally, but not until everyone has taken at least some profit from AOL and all the others and puts into something safe. Aljorma .

To: Mary Baker who wrote (19985)	6/3/1999 9:39:00 PM
From: Mike Torrence	Respond to of 41369

Mary, Regarding what we lesson(s) we should take away from this, I've got one. Professional golfers mention it all the time. Don't get too up after a good shot (or round) and don't get too down after a bad one. It's difficult to do with a core holding in your portfolio screaming one day on the up side and plummeting the next on the down side but that's the discipline we've got to use if we're really long term. If we're not really long term and are looking for an opportunity to sell and move our money somewhere else, it's a different story. For me, this is the lesson I'm going to practice. Having said all that, the last three weeks of this market have been like fingernails on the blackboard. Mike