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Technology Stocks : UMG - MediaOne Group -- Ignore unavailable to you. Want to Upgrade?


To: Killian who wrote (786)2/2/1999 9:01:00 AM
From: Apache Indian  Read Replies (1) | Respond to of 891
 
these guys are going from being simple cable operators, to high speed internet access providers, and now local telephone service providers.. that 2 more huge markets,,

Sooner or later their revenues and earnings have to be revised and I believe this is just the beginning of the run,

these companies have been the most difficult for me to analyze in terms of ownership, earnings, installed bases, revenues, price targets etc. but finally I said to myself theres just too much good news coming out, and I have to put my foot down now,, if it has a 20% correction from here, I will average out through long term calls,

I believe cable will become the mainstream internet access medium in a few years, AOL has lost its case for now, and I dont think they will be able to win in the long haul, I bought puts on AOL as a hedge for the market correction.. hopefully they wont announce a 3:1 split earnings time!!