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


To: BUYandHOLD who wrote (10673)7/19/1998 11:44:00 AM
From: LindyBill  Respond to of 13594
 
Buried in an article on Intel in the LA Times today was the following paragraph.
" Jeffrey Cole, Director the UCLA Center for Communication Policy, predicts that 75% of U.S. Households will have Internet -capable computers by 2005. That compares with 45% today that have computers and 18% that have internet connections today. --Cole says, 'the internet is being accepted faster that television was in the 1950's'"
There has been a lot of numbers tossed around on this board about market penetration, and you may dispute the above, but the 18% internet figure is much lower than I thought, and helps justify the astounding numbers we are seeing for internet stocks. Remember, one man's "momentum" is another man's "Value". To all you "shorts" out there, good luck!



To: BUYandHOLD who wrote (10673)7/20/1998 1:25:00 AM
From: J. P.  Read Replies (1) | Respond to of 13594
 
B & H,

Thanks for your reply. You make some excellent and very
valid points. True, Warren Buffet never split the stock, and
it hasn't done too badly at all!

I guess I'm mostly an options trader at heart, and I've made
a killing on splits in the last couple of years. Mostly on Dell,
Microsoft, Lucent, and of course AOL. So maybe my opinions
are based on the short term part of my portfolio which has
proven to be so ridiculously profitable.