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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: lnkennedy who wrote (2091)	4/1/1999 2:18:00 PM
From: Mark Palmberg	Read Replies (1) \| Respond to of 4298

Mark, you read it I read it, but the shareholders of the widest owned Co. in America obviously didn't read it; at least not w/ the same insight that appreciates the value of such a deal. Just goes to reconfirm my threadbare contention that the vast majority of the "new blood" in the stock market is here just for the sake of making an appearance. People don't know anything about the companies or their businesses. They "hear" that this or that stock is hot, and they jump on (many times after talking to their brokers, sometimes not). I believe that all the "little old ladies" out there with their accounts chock full of T stock still don't know what to make of Armstrong's recent transformation of the company. Hell, I don't think many of the analysts out there know what's going on. I'm on the Web more than eight hours every day, and I've seen where this monster is heading. Which companies are going to benefit (further) from the growth of the Internet? ORCL, T, LU, Yahoo!, AAPL (yes, I said AAPL), UMG/Comcast, and their ilk (for starters). Did my broker reveal this to me? No, I got out there and looked around, like we all should. Can you imagine how much we could reduce the volatility in this market if people would go out and use, or at least do SOME research on, the products made by the companies in which they invest? The cream would rise quickly to the top. </RANT> Mark