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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (35933)1/2/1999 8:47:00 AM
From: accountclosed  Read Replies (1) | Respond to of 94695
 
Good Morning Haim.

Did you see this? Message 7070023



To: Haim R. Branisteanu who wrote (35933)1/2/1999 9:50:00 AM
From: j g cordes  Read Replies (1) | Respond to of 94695
 
Haim, its instructive to compare tulips to internet stocks. A good tulip bulb was a divisible asset. Buy a great bulb and divide it into an expanding universe of buyers. One wasn't just buying the bulb.. oh no, one was buying an unlimited future. Spin offs and splits for internet stocks are similar especially since there's an ever expanding universe of buyers. At some point of course, spring fever wilts and one is left with a bouquet of dreams.

Its my contention that the best thing AOL could do is use their stock to buy a substantial hard asset company to lock in investor value. Something like CAT or buy and airline like DAL, or perhaps buy Hilton. The operational over head wouldn't be impacted much, managment could still focus on sending out cd's but when the internet's speculation implodes shareholders would still have a solid base.

Jim