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

To: jhg_in_kc who wrote (29136)	8/11/1999 9:16:00 PM
From: jmac	Read Replies (2) \| Respond to of 41369

I agree with you. There is no way that AG can not raise 25 basis points. The economic news last week showed we were still growing stronger than he would like (I disagree with him). We will get retail sales tomorrow and they should be strong. Housing hasn't slowed yet. And, there is still the PPI and CPI out later this week and next. Don't forget about that strange surprise in the PPi two months ago. Frankly, I think this 25 basis point here and there is nonsense. i don't think it made any difference when they lowered it three times last year and I don't think it makes much difference here either. It's money supply that made a differnece last year. The Fed flooded the market. And, later this year, the fed will inject 50B into the system to ward off Y2K fears.

To: jhg_in_kc who wrote (29136)	8/11/1999 10:20:00 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 41369

"He has to or he will appear foolish" Why does he have to and why would he appear foolish if he does not raise rates? ALL I heard him say was that he would act forcefully blah, blah IF inflation raised its head. I would think it more appropriate for those economists and analysts to appear foolish for trying to scare us to death ever since Greenspan spoke. People hear what they like to hear. I guess I am no different. But I listened to all of his speech and I did not hear anything about him advocating raising rates this time. Just that they will be watching the incoming data. Not to say he won't do it after everybody screams it's already in the market. Our fellow industrial countries are holding their collective breath and worry about an interest rate hike over here. It's just like listening to all those pundits on the tax cuts. All they can find in Greenspan's speech is that a tax cut would not be on his priority list at this time. But he also said if there is more spending he would rather have a tax cut. It just always depends on which words you pick out to further your cause and to convince us that a tax cut would be bad for us. I also listened to all those proposed tax cuts and believe they have to be overhauled a bit. Cap gains taxes should be more in the fore front. I always find it funny that we put our already taxed money on the line so the economy can grow and then we get taxed again just because we invest instead of spend. Sonny

To: jhg_in_kc who wrote (29136)	8/12/1999 4:16:00 AM
From: Crystal ball	Read Replies (1) \| Respond to of 41369

Meeker/Blodget/Crystal ball predict AOL $200. Greenspan is foolish, Beige Book Proved it. The best he can do is admit he overdid it, and at the last moment give no increase, or start unleashing liquity for the Year2000 (Y2K) computer divide by zero worldwide computer crash fears that may not hurt the US directly, but in the 2nd and 3rd world are bound to wreck havoc on financial and military computer networks, including nations that use a different calendar, and have to convert their day codes through our computer chips into their "New Years" which means that there will be at least 4 different Y2K crises around the world. For the real fearful, this means just as you think its safe to come out of your grandparents old nuclear fall out shelter, bang, bang, we're all dead again. Anyway, they should have bought NEOM adaptec year2000 bug fixer tools. For me, I'll be enjoying AOL hitting $200. Any buying every $1, to $5 increment all the way up, in blocks of 1000...wish I could do it in standard 10,000 blocks but I have to save the rest of my money for wine, women and song, the rest I just wasted. I am, Truly yours, -Crystal ball P.S. I am always long, never wrong, and never caught dead coming up short.