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Technology Stocks : America On-Line (AOL)
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To: NTF2 who wrote (12634)4/25/1999 12:33:00 AM
From: PoorRich  Read Replies (1) of 41369
 
By 2002, only 20 percent will have broadband (PC Magazine)
The current issue of PC Magazine (Vol 18 No 10 May 25 1999, pg 10)writes in the section "FAST INTERNET FOR A FEW" that "By 2002, only 20 percent of U.S. households will access the Internet via broadband connections, say market research firm Jupiter Communications. Of the high speed connections cable modem will outpace DSL.)"
The vast majority of users will continue to use modem connections. IMHO, it looks like AOL has several more years of great growth.I believe that "Web Phones" (featured in Business Week,May 3 1999 page 170) will bring more new users to the Web that cable modem. For example, cell phones are much more widely used by teenagers in Europe than in the US. Web phones should more "way cool."
PoorRich
ps: I'm long on AOL, LU, NOK. I've also hedged my bet by buying ATHM.
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