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Technology Stocks : America On-Line (AOL)
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To: Steve Robinett who wrote (3533)1/27/1999 3:38:00 PM
From: Daiju Kohno  Read Replies (2) of 41369
 
Steve, you voice the fears and expectations of many investors and analysts, and you may be right.

However, I tend to see this "mania" as more than a bubble. A bubble is empty, has nothing to really sustain it. The internet, however, definitely has value. I think people who group internets in the computer industry are wrong. The internet is a whole new industry. When was the last time the markets welcomed a new industry? I don't know but its been awhile. This really is a revolution and 10 years from now, I think the current prices of these stocks will look cheap. (If they are still around, of course).

JMHO

DK
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