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Technology Stocks : America On-Line (AOL)

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To: PAL who wrote (8201)3/28/1999 12:57:00 PM
From: ChinuSFO  Read Replies (2) of 41369
 
Are we sure that the F-117 was shot down? The Stealths have a history of crashing due to manuever malfunction. According to a defence expert who saw the photographs, he felt that the manner in which the crashed parts appear, would lead one to conclude that it was not shot down. A target that has been shot down would be splintered. Anyway, getting the pilot back was good and I do not think this will impact the markets.

HOWEVER, there is one thing I am worried about and that is rising gasoline prices and its impact on Wall St. Here in California, price at a gas station that I fill my gas at went from 1.09 to 1.49 within a week to 10 days. It is expected to go up even higher. What is the situation elsewhere with gasoline prices? I can understand the factors here in California, refinery closedowns due to fires, MTBE etc. etc. But is the situation with gas prices elsewhere the same?

Such high prices will impact the inflation figures and the FEDs will have to act. Does anybody share this view?
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