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


To: Steeny who wrote (22588)6/16/1999 1:33:00 PM
From: Gainer  Read Replies (3) | Respond to of 41369
 
Steeny

When are you buying AOL back? At 120?



To: Steeny who wrote (22588)6/16/1999 2:35:00 PM
From: Tunica Albuginea  Read Replies (3) | Respond to of 41369
 
Steeny, I bought back all my AOL position this AM at 102.
Reasoning:
-Great CPI.
-He lowered interest rates last Oct to save the world. The world recovery has barely begun.With these CPI I doubt he will raise rates.
-If he raises rates 1/4 , market will move on on great earnings. 1/4 is already factored in.
-If he doesn't raise rates market will jump even higher.
-The Compaq -DSL link
Message 10141290
is a major piece of news. We have instant broadband all over.
-ATT will take over 2-3 years ( by their admission for cable even assuming all litigation goes in their favor
-soon all box makers will have ADS on their PCs.
-ATT cannot offer ADSL because they do not have the last mile.
-I am excited about free AOL: Their subscribers will sky rocket in Europe because nobody can compete with their content,

TA