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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Hawk who wrote (8190)	2/24/1998 1:28:00 PM
From: prakash	Read Replies (2) \| Respond to of 13594

How about the koreans and japanese? These governments should consider investing in AOL instead of buying US treasury notes. How safe is US treasury compared with AOL? Prakash

To: Hawk who wrote (8190)	2/24/1998 3:30:00 PM
From: Pancho Villa	Read Replies (2) \| Respond to of 13594

Hawk, many people are missing the last buying low opportunity on this stock. if you don't hurry up today, tomorrow you will have to buy at $130.00 not a big deal since it will be at 150 next week but if you are greedy, you should not let those extra 9 bucks slip by. Pancho PS: not 100% familiar with Greenspan speech/answer to questions but IMHO the guys is just totally disoriented and scared S#@*&^less (sorry for the word). He does not really know what the outcome of the Asian crisis will be but he knows it will slow the economy badly(he just does not want to scare anyone). On the other hand labor markets are extremely tight, inflation is already showing(just check prices yourself)/will show up in many sectors (we are a service oriented society these we don't get from Asia. However, he can do nothing because raising interest rates will make things worse (stronger dollar) foreign and US markets would take a huge hit (my guess is that he would not mind too much about the US market taking a 20% hit), in other words total caos. In the other hand not raising rates may result in inflation combined with an Asian slowdown. No problem money managers have already found a way of picking Asian proof sotcks such as AOL and BFIT. So the best thing for Greenspan is to do nothing and try to maintain people calm (kind of like in the Titanic. Nothing can be done so keep partying) Pancho