Well, I finally bought some AOL last
Friday...I've been kicking myself for a long time for now
owning any and with the price in this range, I couldn't
pass up the chance again...huge upside here...don't
worry about those predicting doom...this stock will be
back over 140 in no time...
My original message is about analysts ratings. No analysts currently rate AOL with a sell rating. We both know buying and selling occurs everyday. Profitable trading your way, chameleon
Wake up. These "PROS" know no more about the wave
of the internet future than you do. They are
bandwagon trumpeters or pawns. If a firm has a ton of
shares of a company and wants to get out, do you think
they willl yell "SELL". Nope. They'll say "reiterate
buy" then sell on the peak. Once they have gotten out
then they are happy.
Look at Peoplesoft.
Growing at 70% a year. All "buys" and top picks of many
firms. Analysts pounding the bandwagon and everybody
sooooooo happy. Upgrades, upgrades, upgrades. Buy, Strong
Buy. Everybody has reason why ERP will be next silver
bullet. Better than sliced bread. Growth easy to continue
at 70% and maybe more. Hopes ands expectations in
stratosphere. Then Y2K concerns surface and an immediate
switch. Downgrade, downgrade, downgrade. New bandwagon is
"ERP sector hurt by Y2K". Can't sustain growth at 70%.
Who would have expected that? Everybody has answer
"after the fact" why ERP is dead. Peoplesoft loses 80%
of value. Sound familiar???
Don't believe these so called pros. It's not your
interest they are concerned with.
Do you believe that AOL should have the biggest
market cap in the whole world? Bigger thna GE, biggern
than MSFT, Bigger than Intel? On what earnings? Even
at a ridiculous 50% growth (no company can continue
to grow like this for 5 years after it has been in
business for 8 years and has a market cap of a blue chip)
it won't make justified price levels.
can't possibly expect the same returns as in the past
year. If so, AOL would be more than twice as big as
Microsoft which has the worlds current highest market
I hold AOL and this current thinking that AOL
should double every three months is not healthy. It is
making the big boys re-think valuations and get out. It
could start a huge sell-off in internet stocks (it may
already be happening systematically).
Actually you friggin dope, if you did research
before making your idiotic comments you would know that
AOL does not count people using the free trial as a
Please do not take serious any messages posted by
anewdream, this is obviously an idiot.
Same Reuters article making the rounds everyday
now. Friday, Saturday, Sunday.
more portals now competing for the same number of
people,'' said analyst John Robb. ``It means that there
will be fewer people going to specific
America Online Inc. (NYSE:AOL - news), the No. 1 network
of sites, including its online services and
stand-alone Web sites, dipped to 46.4 million visitors from
47 million in the previous month. Its overall
audience reach was 71 percent of the total universe of Web
71% is awesome, but it if it and the 47M visitors
stands as the highwater mark as more and more sites
crowd the net and vie for attention, where does that
leave AOL, Yahoo, and the other pioneer portals? As
people become more educated about the net, their need
for a $21.95/mo ISP or a specific search engine
lessens. Seems natural. Should a national freenet grab the
US, the way it stormed the UK, that would spell
further trouble. Freenets up to now have only been
raggedy community services or half-ass ads driven money
losers. Suppose Gates and Armstrong were to offer free
internet service across the US and Europe using their
combined cable resources? That'd be frightful. I think
further consolidation is in the works for the original
pioneers. Grow to survive and thrive or watch as the
crowded internet cuts into the pie.