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


To: im a survivor who wrote (40735)4/6/2001 1:54:58 PM
From: Crystal ball  Respond to of 41369
 
This is an unprecedented OVERSOLD market, the closest in history was about 25% and here we have the nasdaq down 70% or more. There are many reasons, the foremose being the abuse of trust of the Federal Reserve System by Greenpan exceeding his authority and using the Federal Reserve's monetary policy to DICTATE fiscal policy and interfere with our free markets, especially our stock markets, and to abuse monetary policy in order to bail out corrupt asian banks and DICTATE trade policy, or as he calls it, competition from the Communist Chinese Slave Labor Monopoly that enslaves its own people at 12cents an hour in order to use US dollars to fund their communist expansion plans towards the Oil fields and Iran, Iraq, Syria and the Baku oil fields region.
AOL was smart in hindsight doing the TWX merger, but at the time it was not smart. It limited its growth, but now that limitation resulted in adding stability and security, however, even Time Warner revenue depends on Ads and that is the last budget item that companies will add after a full recovery, it is the first thing cut in a slowdown, so I think AOl is still to early to invest in this cycle. I am still in PALM and NTAP BUYING AND HOLDING. Next month I will venure forth and maybe nibble in other areas, but not yet.
I am,
Truly your$,
-Crystal Ball