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Frankly, I don't see a compelling reason why AOL should exist at all... From
what i see and hear, it has lousy service, lousy customer support, lousy
billing practices. It is nothing more than an ISP with Portal which anyone can
find anywhere for at least half the price.
It is only strong in making people believe they couldn't do without it. If that
is all they have as an asset, I don't see why they should still be around in 10
years, and in particular don't see why I should pay it several times the price
of a Bristrol Myers or Merck or GE that at least create value, not fantasies.
MHO, I pass up on that hot potato...
Gwenn
| -----Ursprungliche Nachricht-----
| Von: Kohath [SMTP:kohath@xxxxxxxxxxxxx]
| Gesendet am: Friday, September 17, 1999 2:27 AM
| An: R.E.Turner; realtraders@xxxxxxxxxxxx
| Betreff: Re: Aol - Going Down?
|
| No one knows if AOL is going to go back up, or go on down, but, one thing is
| for sure, the stock is WAY over priced, even now, after a 50% correction,
| competition is heating up, what with more and more ISP's around, and, the
| fact is, AOL is probably one of the worst ISP's one can be on (no offense to
| u people using it). I tried it once, and could not believe how rediculusly
| slow everything was while using it. As more and more people wake up to the
| fact that AOL is not the only ISP around, it will probably slip farther and
| farther down. Kind of like what happened to IRIDIUM. Way overpriced for
| the service it was providing. Especially if more ISP's start GIVING away
| their service! I would submit a reasonable price for the stock should be
| about $15 or so, maybe a little less.
| Matt
|
| ----- Original Message -----
| From: R.E.Turner <r_e_turner@xxxxxxxxxxx>
| To: Kohath <kohath@xxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxx>
| Sent: Thursday, September 16, 1999 2:42 PM
| Subject: Re: Aol - Going Down?
|
|
| > There could be a retest of the July low for AOL. One black weekly
| > candlestick doesn't really seem to mean much except another buying
| > opportunity. Though your money might be tied up until November. If it
| was
| > the third "crow" in the three black crows pattern then AOL might be a good
| > short, but too risky at this point. So it seems every point or so down,
| > more weak hands are being bought out and eventually the stock will have no
| > place to go but up.
| >
| > Russ
|