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


To: gc who wrote (27358)7/29/1999 5:43:00 PM
From: Craig A  Read Replies (1) | Respond to of 41369
 
This is heavy. The guy who did the shootings in Atlanta was a day trader.
I believe I heard that he shot two brokers.CNNFN

Also just heard he was despondant about the market.



To: gc who wrote (27358)7/29/1999 6:10:00 PM
From: Dave A.  Read Replies (1) | Respond to of 41369
 
They joy of the downside is that it can't go down 500%. 100% is the limit.



To: gc who wrote (27358)7/29/1999 10:06:00 PM
From: CGarcia  Read Replies (1) | Respond to of 41369
 
"500% in 3 yrs? You are quite optimistic. I am just thinking it will go the other way --- a long way down."

That's an interesting thought, I guess you must feel that AOL will lose most of their 20 million customers, while I feel they'll have close to 50 million by then...Then again, I know the internet isn't going to fade away over night.



To: gc who wrote (27358)7/29/1999 10:52:00 PM
From: VBroady  Read Replies (2) | Respond to of 41369
 
Things I don't like about AOL:

1. MSN instant-messages will cut into their base, big time. Everyone I know who has AOL says the IM feature is why they use AOL. When they lose this advantage, a lot of customers will walk.

2. The pop-up Ads.

3. The rude service reps (I took this personally, three different reps, three different times) - no sir, it's your computer! (DirectTV still holds the title for the worst customer service ... their 800-DirectTV number thanks you for calling, than hangs up on you. There is NO WAY to contact that company!)

4. Little bandwidth long-term strategy.

5. Stock is overvalued, even for an i-nut giant.

6. Access cost too high.

7. The heavy insider selling.

8. The downgrades.

I applaud those who have been in AOL over the last couple years and that have made a lot of money, but AOL is not a great investment right now IMO; not short and no position, ever.

vb