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

To: Uncle Frank who wrote (20986)	6/9/1999 2:47:00 AM
From: DOUG H	Respond to of 41369

Cisco Adds More Than 10 Products to DSL Portfolio Leads the Way for Service Capabilities that Enable Service Providers <<<<<<Worldwide to Rapidly Build Revenue-Generating New World Networks SAN JOSE, Calif.--(BUSINESS WIRE)--June 8, 1999-- With the introduction today of eleven products to its leadership DSL product portfolio, Cisco Systems (Nasdaq:CSCO - news) leads the way for service providers to rapidly build comprehensive, end-to-end, high-speed DSL networks and deploy revenue-generating services. Cisco DSL solutions allow service providers to move beyond offering basic bandwidth-centric connections to end-users and enable them to build profitable, service-based New World networks.>>>>>>> Inso far as short term machinations of fund managers may or may not affect short term share prices, the billions of dollars that are being invested in DSL rollouts will do far more to increase the true value of AOL.

To: Uncle Frank who wrote (20986)	6/9/1999 3:08:00 AM
From: Joseph Shah	Read Replies (1) \| Respond to of 41369

Hi UNCLE FRANK, in what time range does this 5% turnover Vanguard 500 index applied? If Vanguard fund manager bought AOL in March, let's say 1 million shares, and sold all of them in April and buy back in June. From March to April, the statement should show 100% turnover for AOL; However, if you compare March statement to June statement, the turnover ratio is 0%. I believe the most fund statements are issued on a quarterly basis. And it won't show the holding change on a daily basis. In March, according to CNBC, the index fund managers just started to buy AOL in the last week of March for it's first quarter holding because they waited to see if AOL would go down. I do believe fund managers time their holdings. Every last week of the quarter, there are good volumes for big NAMES and fund managers also decide which ones to invest more with more cash flood to the funds in the quarter. Also Market is usually pushed up because the fund managers want to have a good quarterly statements for their investors unless there are something really bad. Just a thought.