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


To: Dr. D who wrote (12937)12/23/1998 8:58:00 AM
From: Annette  Read Replies (3) | Respond to of 13594
 
Datek is showing yesterdays numbers...I'll bet there will another trade imbalance like yesterday...which delayed the opening...

I got this response from Datek on this matter....

(AOL was halted today until 9:46:43 due to a trade imbalance. If you
tried to get a quote before that time you would have received yesterdays
quote. This was not a fault of Datek Online, but was instead caused by
market conditions.)

Annette



To: Dr. D who wrote (12937)12/23/1998 9:01:00 AM
From: Sam  Read Replies (2) | Respond to of 13594
 
I guess all the longs didn't take my advice to sit back and relax -- 130 some odd posts over the evening! Let's not get ahead of ourselves with all the price predicitions and valuations.

There are going to be a lot of hurdles along the way before we reach some of the numbers mentioned. Of course, I have confidence that AOL and mgmt. will meet or exceed our expectations when they are faced with them:

Holiday shopping season. Haven't come across the latest figures yet -- but if the season is a dissapointment for AOL or the sector as a whole, we'll be sure to see a price drop. AOL seems to be on pace to post record numbers -- but it will need support from other key internet players.

Netscape model. The deal should close without a hitch. The challenge will be to integrate them into AOL business model -- or execute a new one. Having 70% of internet traffic is a tremendous opportunity.

Broadband/Appliances. This area will really hit up next year. Ubiqutitious -- no. But I believe that xDSL technologies will begin to roll out in earnest, with cable not far behind. A deal for broadband access should be struck next year some time -- at least it should.

Investor sentiment. One of the biggest reasons the market as a whole has been moving forward. Individual investors are now empowered. Online trading, moneyflow and the economy are all driving forces. The psychology of most investors today is "the market will always go up." Some scoff at 20% gains. We set a high standard, don't we?

Keep a level head and reevaluate your positions for the coming year. Think about where AOL is headed, who its competitors are/will be, and how it can leverage its market position. Forget about the past -- we're running on internet time.

S.