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

To: Bonnie Bear who wrote (173)	12/29/1998 6:07:00 PM
From: BomboochaBoy	Read Replies (1) \| Respond to of 41369

>>But I think there may be better places for the money during the next 70 years.<< you could well be right. any examples, bonnie? regards paul

To: Bonnie Bear who wrote (173)	12/29/1998 6:15:00 PM
From: RocketMan	Read Replies (2) \| Respond to of 41369

It's interesting to look at a historic chart of the DOW utility index. Nice to see a contrarian view. Utilities, like AOL, were bid to fantastic levels in 1929. But utilities, unlike AOL or the internet, required a tremendous amount of infrastructure ($$), had low margins, and were regionally restricted. It has taken nearly 70 years for the utility index to double, and the index lost 95% of its value in the great depression. So did steel, financials, etc. Faulty analogy. There was something called the Great Depression starting. ...use valuation models like the rest of the utility sector, I get a price of $10 a share. And if you use oil stock valuations you might even get five bucks :-) Most investors expect the speculative internet bubble to burst, the question is what companies will survive, and can you make enough between now and then. AOL is the blue chip of the internet, although even it will correct quite a bit during the shakeout. However, following such a shakeout the weak will die and the strong will get stronger. We will see who the strong are. In the meantime, an investor can either ride these puppies up, or stand by the sidelines and watch the ride.

To: Bonnie Bear who wrote (173)	12/29/1998 6:18:00 PM
From: jhg_in_kc	Read Replies (2) \| Respond to of 41369

IS AOL JUST A UTILITY STOCK? <Utilities, like AOL, were bid to fantastic levels in 1929. It has taken nearly 70 years for the utility index to double, and the index lost 95% of its value in the great depression.> Bonnie, how is AOL like a utility? This is an intriquing comparison. But we are much more content rich here, combining data, images, e-commece. Setting up on line stores and filling them with on line customers, etc. Yet there is something about your comparison which rings true but I don't completely understand.. Anyone else have any thoughts? JHG.

To: Bonnie Bear who wrote (173)	12/29/1998 6:28:00 PM
From: EZ	Read Replies (2) \| Respond to of 41369

what would DELLS split adjusted price be if you went back 8-9 years,i believe around 1 dollar OR LESS. Not bad since its trading around around 75.00 now,by the time the internet cools down{maybe in 5-10 years}where do you think AOL will be? I BOUGHT jan 115 calls back on 10-1-98 ,25 contracts for 12.25 each,around 30,600,sold them on 10-27,for 18.75 and then proceeded to buy april 130 calls for 19.00 the same day,these calls then split and are now worth 450,000 and have four months left and im sure another split,how high will they go i dont know,but im not complaining,start with 30,000 and in 11 weeks youve got 450,000 only in america {no pun intended},I purchased july 140 calls last week and almost have a double already,I guess what i am trying to say is yes the valuations are high BUT ride the wave while you can and keep taking your intial investment out if your that worried,but i think our future is bright for awhile the nets only just beginning to take off...EZ