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Technology Stocks : America On-Line (AOL)

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To: Thomas J. Smith who wrote (18236)5/24/1999 7:56:00 PM
From: ChinuSFO  Read Replies (4) of 41369
 
<<......INTERNET FAD is over over over over.....>>

I do not think the present downturn in the stock market is indicative of the INTERNET FAD being over as suggested by your message. How do you explain the fact that a rock solid company like Texas Instrument (TXN) with a proven record which got upgraded today by Prudential during pre-open, lost 3.1% in spite of the upgrade.

Now to disprove your point, HAUP which people are classifying a Internet company closed on the positive side today. At one point it was up 9 when AOL was down 7. So go figure that.

Very interested to have your analysis on that.
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