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

To: RocketMan who wrote (23806)	6/23/1999 7:46:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 41369

FOOL's TAKE...Sure, only 40,000 people get broadband access today via DirecPC's somewhat clunky system whereas about 750,000 customers use broadband cable access. And @Home alone expects to top a million customers by year end. AOL's alliance with Hughes, though, marks just one of many that it has formed and no doubt will form in the future. The stakes are high not just for AOL but for AT&T and other cable operators that think they have a chance to control the value chain in the multimedia connectivity market. As I see it, the cable operators are playing a game of chicken they cannot win. They know that, and that's why they will eventually swerve from their current course and negotiate an access deal with AOL.

To: RocketMan who wrote (23806)	6/23/1999 8:05:00 PM
From: bobby beara	Read Replies (3) \| Respond to of 41369

>>>>First of all, investing in AOL has nothing to do with whether you use their service or like it.<<< Your talking about trading, not investing. Rocketman, that is the very essence of investing, sponsoring an organization because you believe in its product and service and you believe the company has a business model that will provide long term growth of revenues and earnings and will re-pay the investors for the risk of sponsorship. AOL may do just that, but i think the idea that you can expect 100-300% annual gains ad infinitum is quite fanciful here. The stock is way ahead of itself, pushed up by manic crowd behavior and by people who only take a ride with the momentum crowd - yes i confess to being one of those -ggg- Right now momentum in this area is waning and whether we are stalling out here and building another base for a starburst is the question. Given the high level of bullish advisors, the put/call ratios, and the low levels of mutual fund cash, i am doubting that we can muster enough liquidity for this. There was a big shot in the arm of liquidity that came in April, now those investors who bought AOL at the top and all the first day rises of NUTPO's are way underwater and trying to get cash advances on their credit cards to average down -g- bwdik, bb