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  • baffi baffi May 3, 1999 9:39 AM Flag

    AOL down slightly in opening

    What are your reasons for a 155 close? Fundamentals, technical, gut feeling or just hope?

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    • We have seen this kind of small/large sell off
      numerous times in the last month alone. Look at the facts
      for a second.

      1) Economy strong! See Greenspan
      reports

      2) AOL has had alot of good news in the last
      weeks.

      3) Techs just in down trend. (no reason to
      sell)

      4) All internet companies have beat
      earnings.

      5) The last reason to keep AOL is money! If you want
      to be a millionaire there is no better
      vehicle!!

      6) Every major brokerage house has buy or better on
      the stock!(they can't all be
      wrong)








      HOLD AOL AND BUY MORE WHILE YOU STILL CAN!!!

    • [15]http://biz.yahoo.com/rf/990423/boi.html
      Friday April 23, 6:26 pm Eastern Time
      When Internet
      bell rings, will lifeboats be ready?
      ANOTHER QUOTE
      ON27/4/99
      ``It's good to see that the movement into the cyclical
      stocks a
      week ago was not just a short-term blip,''
      said Jay Meagrow, a trader at McDonald &
      Co.
      Internet bubble if it already has not burst is leaking
      lots of
      air.The smart money is leaving and going
      into oils, gold and other
      cyclicals Dont be fooled
      by a couple days of rising net prices
      This could
      be a typical BEAR TRAP, look at DCLK
      volume
      yesterday.Also CNET after reporting strong profits(dclk
      only
      reports losses) and a2-1 split IS IN TROUBLE
      AND
      ALMIGHTY AOL has fallen before and after very
      good
      arnings when typically it should be sky rocketing.Last
      time Nets
      were out of favour on monday DCLK had
      oneof the biggest
      declines. Internet funds have
      grown fat on small investors' cash.
      Each day,
      readers ask for more information on these
      blistering
      portfolios.Latest article on Internet Mutual funds
      stated that
      Munder Net, The Internet Fund, WWW Internet
      Fund,
      Monument Internet all had droped in prices in April99
      ranging
      from 10% to 21%.Check it out for yourself
      April 14,
      1999, 8:00 a.m. PT
      PARIS--Billionaire investor
      Warren Buffett reiterated today that
      he has no
      interest in buying Internet or high-technology
      stocks,
      because he has no notion of whether the companies will be
      successful in the years to come."I simply can't look at
      high-tech
      companies, Internet companies, and say with a high degree
      of
      assurance where those companies will be in 10 years," he
      told a
      news briefing here. "We have no positions in
      high-tech stocks and
      we won't have."
      Worlds largest
      Meggallan Fund has sharply reduced their Internet
      stocks
      in the portfolio

 
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