Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Spreck who wrote (20600)	6/6/1999 7:32:00 PM
From: Vendit™	Respond to of 41369

Retail sales probably increased by 0.5 percent in May after rising 0.1 percent in April, led by demand for durable goods ranging from autos and computers to building materials and furniture, analysts said. ''You're going to see retail sales come roaring back in May,'' said William Sullivan, an economist at Morgan Stanley Dean Witter in New York. That will keep alive Fed concerns about consumer demand driving prices higher, Sullivan said. The Commerce Department issues the report Friday. Even as consumer prices perk up, producer prices have been tame. The Labor Department's producer price index, also set for release Friday, will probably register a 0.2 percent increase for May following a 0.5 percent rise in April, analysts said. Outside of food and energy, the PPI probably rose 0.1 percent in May, the same as April. bloomberg.com

To: Spreck who wrote (20600)	6/6/1999 8:35:00 PM
From: pat w.	Read Replies (2) \| Respond to of 41369

ANYONE GOT PRICE PROJECTION FOR MONDAY?

To: Spreck who wrote (20600)	6/6/1999 8:35:00 PM
From: David E. Taylor	Respond to of 41369

Spreck: Sometimes history helps. In January 1998, when I first bought a boatload of AOL, it was trading at 96. The naysayers then were saying exactly what similar naysayers are saying now about AOL. 15 months and three 2:1 splits later and AOL is at 116, about a 10 fold gain. Now consider these facts: (1) Two years ago there were around 7 million internet users, now there are about 70 million, 35 million in the US alone, a 10 fold increase. Two years from now, the projections are for minimum 300 million, maximum 700 million users, up to a 10 fold increase. (2) Two years ago, E-commerce was worth about $3 billion/year. Recent data puts this at $30 billion/year, a 10 fold gain (thanks to AMZN, DELL, CSCO et al). Two years from now the projections are for E-commerce to around $300 billion, another 10 fold gain. So where do think AOL will be 2 years from now? My personal judgement is another 10 fold increase in users to 170-200 million, and revenues/profits growing into the admittedly high current valuation. Do you want to be sitting here in 2 years wishing you'd bought a boat load of AOL at 1/10th its 2001 price? If the volatility is too much for you, buy the net infrastructure companies like CSCO and LU. David T.

To: Spreck who wrote (20600)	6/6/1999 8:36:00 PM
From: ZOOB	Read Replies (1) \| Respond to of 41369

Difficult to say where we are going tomarrow. I'm placing an order for 300 shares @ $113. Typically, the houses try to execute all stops early on within the range. Worth a try if not anything else.