Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (30431)	1/12/2000 2:36:00 PM
From: IQBAL LATIF	Respond to of 50167

AOL, Time Cite Social Goals Reuters Business - January 11, 2000 WASHINGTON (Reuters) - The blockbuster merger pact of America Online and Time Warner aims to make the world a better place by fighting social ills, the heads of both companies said Tuesday. ``This is not just about big business. This is not just about money,' said Gerald Levin, the Time Warner chairman who will be chief executive of the new linkup. ``This is about making a better world for people because we now have the technology and the instruments to do that,' he said in a round of early-morning television appearances with Steve Case, the on-line company's chairman. AOL, the world's biggest online company, said Monday it would buy Time Warner, the biggest media company, in a $160 billion stock deal that would be the largest merger ever. One of the goals, Levin said, is to plug the so-called digital divide, ``to try and make sure that ultimately those who can't afford it can get it.' Neither Levin nor Case gave any other specifics of plans 'to change the world.' ``So we're going to have to change our rhetoric,' he said on the ABC program ``Good Morning America.' ``We're going to have to change the way we think -- because the Internet is that profound.' He called the Internet ``wildly democratic,' partly because it can make anyone a publisher. Case, 41, who is to be chairman of the merged companies, said both outfits were run by entrepreneurs ``who want to run a business and want to change the world.' ``Together we have an unbelievable opportunity to really make a difference, not just in terms of the services people use but also in terms of the kind of impact we can have on society,' he said on the NBC ``Today' program. Case said he expected the proposed merger, which is subject to regulatory and shareholder approval, to have a quick impact by making richer content more readily available among other things. ``We're not talking about 10 or 15 years,' he said. ``We work on Internet time. This is a company that's going to move fast. We want to see things every six months.' AOL and Time Warner vowed to open what would be their vast cable system to online rivals. In so doing, they moved to take a debate over access to high-speed Internet pipelines out of regulators' hands and into the marketplace. Levin, 61, said ``new age' companies had a genuine commitment to social progress. ``There are companies with people inside who really care' about using the Internet for social progress, he said on NBC. 'And that's what we're going to try to do.'

To: IQBAL LATIF who wrote (30431)	1/12/2000 5:27:00 PM
From: J. P.	Read Replies (2) \| Respond to of 50167

Hi IQ, Thanks for your analysis. What about the FED though? What if they raise .25? What if they raise .25 and maintain bias to tighten? What if they raise .50? Do you think the BKX can run once the Fed does whatever it has to do? When do you think the bonds bottom out, (I remember you predicting some time ago the yields go to 6.75) Keep up the good work, I appreciate it.

To: IQBAL LATIF who wrote (30431)	1/14/2000 1:43:00 AM
From: J.T.	Read Replies (1) \| Respond to of 50167

I am looking for a Mr. Bhummbo. Waiting for you to kindly unleash the the LONG CALL to the death sphincters. <g> Best Regards, J.T.

To: IQBAL LATIF who wrote (30431)	1/14/2000 11:09:00 AM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

<<Look at these charts this market is wanting to go higher.. finance.yahoo.com we are at resistance or breaking them... DOW is in a breakout mode here . If BKX 720 and SPH 1442 is maintained.. >> Message #30431 from IQBAL LATIF at Jan 12 2000 1:49PM What a difference an interpretation can make..it could be glass half empty as most would see it but half full was the right description looking at the bounce of BKX at 720, and the way it held support at 700 a week earlier. This is something charts never tell but the core charts always gives and indication of coming move.. The most important issue was 1442 and 720 in this post, if those would be taken out the market probably would be at different levels, although that night close of NDX was bad but we had shifted the concentration to sensitive sectors and were highlighting that may be SPH is not the tool but NDX supports need to be played by NDX options..