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Technology Stocks : America On-Line (AOL)

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To: Dom B. who wrote (5517)2/23/1999 12:44:00 PM
From: Tunica Albuginea  Read Replies (1) of 41369
 
Dom B., we've come a long why, gg. I don't know about Annette but certainly she has been bobbing with the Internuts too although in a more sedated AOL.
I have a small position on LCOS. Merrill still has a buy 1-1 on it.
I will probably sell it too.
My main workhorse right now is AOL and I am plowing any profits back into it and use that for trading. Your options I think are a great buy.

Today Alan G. did his magic again.He just finished at 1240.K Hayes will review it on CNBC for those that want to have it encapsulated. We'll see.

-no inflation
-low unemployment with further reductions in the future very possible, to ~ 3.8% from current ~4.2%. ( That will definitely help reduce welfare rolls IMHO gg ).
-increased productivity " through synergies of technological advancements " . Very poetic gg.
-no pricing power by businesses because consumers will shop elsewhere
so no inflation.

And just now, Alan G. has taken on the whole liberal tax and spend establishment led by the brave Billy-the-blow-Clinton:
I quote, as I remember it:
-" it is better right now NOT to SPEND any budget surpluses". " Because once spending plans are initiated, they are hard to reign back". ( I wonder if anybody on this thread heard this before, gg ).
-" The BEST way to handle budget surpluses, if we must, is to CUT MARGINAL TAX RATES rather than to give scattered cuts. ( HELLOOO Ronnie, are you there, can you hear this? ). " This will further help investment and economic growth with REAL money without causing inflation".

So there it is.

Winter is behind us. The specter of increased inflation through higher oil prices is behind us.
Money is rolling into the market. Of we go with the " hot stocks ", AOL and the Internuts are on the fore front.

This particular " tulip bubble " we are in I believe is much bigger than anyone thought it would ever be. It is fueled by an unprecedented
spell of low inflation with low taxation, individual trading through e-trade unfettered by any broker's silly admonitions, gg,.

At this point I think I will follow the song:

" would you like to ride with me in my beautiful balloon
would you like to ride with me in my beautiful balloon
so we can flyyy
and flyy....."

something like that.

I am going to Europe for a week. See you later, good luck,

TA
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