vinnie wetzler: " AOL will be huge in ecommerce ".
Been away all day and as I make up 24 hours of posts I thought yours deserves a reply. You are dead right. Most folks have no idea what we are in for.Here's what I think.
-AOL will eliminate the middleman, and become, THE MIDDLEMAN, and pocket all the various tariffs previously given to 2-6 guys, only at a discount.
-for Europe it will be the great democrtizer and leveler. There is a tremendous number of middlemen in Europe;all the unions; 3 guys to unscrew a light bulb:on to unscrew it, one to hold the ladder and the 3rd to keep track of the time.When people start seeing they can buy this directly from AOL at a discount it will immediately increase productivity and thus the economy and economic boom and Europe with Euro$ now mat really take off.
- this improvement in prices is happening during a world economic slow down when people ARE LOOKING for better prices for their dwindling bucks: AOL, ecommerce.
- Competition in Europe for us will be nil because AOL exports one of the great American know- hows: how to run a business properly.That is the essence of America: run a business well.
-this is why y2k or even a recession are unlikely to have any effect on AOL; because what drives AOL, simply is one word, "cheap"and “efficient” and that is what people want. Another McDonald's.
-those who have read Bill O'Neill's " great stocks of history ", will remember how he stated that the great stocks take off even in a recession. and he quotes CSCO which took off straight up to the sky in 1991-1992 right when all other stocks were tanking, because a few smart guys understood the power of connecting millions of computers into networks via CSCO hubs. Same with AOL I think, we'll be off to the races.At that time CSCO eventually had a <1000% appreciation and we weren't even in a bubble etrade economy.What will happen now?
Hold onto your seat.This will be a ride on Jupiter-1. For now I am holding. Soon I hope to start trading but the purpose will be to always buy it back with more shares thus slowly a ND incrementally increasing the number of shares. I have a 2 -3 year horizon so far.
Give me some Dramamine and wish me luck,
< GGGG >,
TA |
