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

To: E. Dita who wrote (24512)	6/29/1999 8:25:00 PM
From: Ed Forrest	Respond to of 41369

SI Inbox (0) \| Folders Bookmarks \| People Hot \| New Subjects Options \| Profile Port#0 - Get The Money - [New] sponsored by Datek Talk : Web/Info : America On-Line (AOL) \| Previous \| ------ \| Respond >>>\| Earnings \| << Look above the message box

To: E. Dita who wrote (24512)	6/29/1999 8:31:00 PM
From: Ed Forrest	Read Replies (1) \| Respond to of 41369

Still more good news: cbs.marketwatch.com biz.yahoo.com fool.com ASKCNBC: guest-6 says: What do you think is the problem with AOL 's price - will they get into cable - Time Warner etc or what? SteveHarmon: I think it continues to be broadband, like the Hughes satellite - that AOL has agreed to invest in to deliver broadband via satellite. There are technological issues in delivering broadband via the sky. I would like to see AOL invest in coaxial, the cable end, and really get on with the show and the broadband experience. I don't think going to Washington to lobby opening the cable industry is the only way to go. I think Steve Case ought to be talking to the cable barons about doing a deal, and then AOL's stock price could get the attention it deserves. We've seen moves by Yahoo and Excite.com into @Home, and look what happened to their shares. Buying parts of cable players, and jostling for position - AOL doesn't have a lot of time to be betting on satellites; they ought to be investing in cable and internet and DSL. I am a big fan of AOL's position; it has enviable position to do a great deal. ASKCNBC: guest-xiannie says: What kind of effect will the Fed raising interest rates have on the Internet sector? SteveHarmon: I think that whole effect, or that kick in the pants, happened in April with the first stirrings of the Fed making the moves, and the sector fell 50. I think a lot of it has been factored into the market. If the Fed makes a 25 point move, it may have a small aftershock for the summer, but I still think most of it's already there. Overall, I think we're seeing more quality IPOs coming out and more valuations, and I think it's time investors started to do some homework out there; when the market starts to improve, it's time to do more homework, rather than less. Thanks! CNBC: Thank you for joining us at CNBC.com MoneyTalk Live. Check back soon for another exciting guest you can profit from. And watch for our guest's next appearance on CNBC TV. You can continue to chat by going to www.cnbc.com and follow the links through Money Talk to the CNBC-TradingPit. -------------------------------------------------------------------------------- Back to the Money Talk Page Go to the CNBC.com Home Page Ed