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

To: Duane Greg who wrote (32899)	10/20/1999 4:39:00 PM
From: Annette	Read Replies (1) \| Respond to of 41369

I smell some bear stink...Janitor!!! Clean up on AOL thread!

To: Duane Greg who wrote (32899)	10/20/1999 6:11:00 PM
From: radames	Respond to of 41369

duane, i am not short aol,because i believe that it is the safest way to play the net because of their brand name and revenue supply due to it's isp which i use but my critique is purely a valuation observation in light of economic pressures due to a rising long bond at a 2 year high 6.33%,a extremely strong ppi,a cpi that was not weak,and the most important of all that the market seems to be forgetting and that is the fed's tightening bias,,all the numbers that have come out point to a fed raise in november and if that happens we will see a sharp decline in the high p/e stox especially the high p/e's..as it will cut into their profits as it costs more to borrow to expand their business,imo all the good news is already reflected in ALL these net stox and if you don't think so i would love to hear your argument to justify their market caps in advance of the realization of the companies forecasts,,,imo it is buy on the rumor and sell on the news,,aol is a great company but imo the stock price is way ahead of it self here as is all the nets especially the likes of yhoo and ebay etc,,,