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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: JZGalt who wrote (6662)	1/19/1999 8:05:00 PM
From: Bruce A. Bowman	Read Replies (1) \| Respond to of 18928

Hi Dave- I'll take that as a cue to say that I'm down to 23% of my highest number of shares of EGRP. I'll get some of those back on 1/29 when EGRP splits, but for the moment I'll let the mania do whatever it must. There is simply no reason for EGRP (or any of the other i'net stocks) to be priced that high today. Someday, maybe... but not today. In the mean time, AIM has me sitting on a pile of cash. Plus I have some stocks that no one cares about right now because they aren't part of the internet mania. But pretty soon the world will jump on the new wave of investment opportunity in HDTV (or construction equipment or green turbines or ???) and I'll be a happy camper!! :-) Bruce

To: JZGalt who wrote (6662)	1/25/1999 11:00:00 PM
From: LemonHead	Read Replies (2) \| Respond to of 18928

BLS - Bell South, I purchased 200 shares just before the split. Now in reviewing today's news I'm trying to understand where the Smart Money is on this one? Why did the stock drop 10.53 % on the news today? Was it the earnings? The effect of government interference? The "hiccup" from Brazil ? A weakness in the sector? Is this am AIM candidate? quicken.excite.com First the earnings? Earlier on Monday, the Atlanta-based regional Bell telephone company said its fourth quarter revenues rose 10 percent to $6.2 billion, while data and digital services revenues increased 33 percent to $528 million. · TABLE - BellSouth (Nyse:BLS) Q4 shr $0.51 vs $0.37 Second the interference from Big Brother. Scalia also said the FCC had authority to define broadly which parts of the local network should be subject to leasing, including even directory assistance, and to establish a nationwide formula that state regulators should use to set prices for the leasing. On a 7-1 vote, the court also said the FCC needed to revisit one part of the rules that required the Bells and GTE to lease any component that a competitor requested. Third the belch from Brazil. Internationally, the company said it was still optimistic about its growth prospects in Latin America and Brazil, despite the devaluation of Brazil's currency, the real. BellSouth said last week the currency crisis in Brazil would trim its first-quarter 1999 profits by about $172 million, or 9 cents a share but it still expected a significant jump in earnings per share for all of 1999. Is this the real thorn, future earnings? Can it be said that the $0.51 now resembles $0.42? Fourth, the overall hit on the Sector? Shares of GTE and the Bells dropped after the ruling. In trading on the New York Stock Exchange, GTE lost $4 to $64.75, SBC Communications Inc. (Nyse:SBC) fell $2.3125 to $54.3125 and BellSouth Corp. (Nyse:BLS) lost $5.5625 to $42.50. Bell Atlantic Corp. (Nyse:BEL) lost $4.25 to $54.4375 and US West (Nyse:USW) fell $4.0625 to $57.375. I'm Aiming for your thoughts. Keith