To: bobby beara who wrote (10079 ) 4/7/1999 12:25:00 AM From: Jack Luo Respond to of 99985
Bobby, You are right on money! Oh YA, possibly one of the most dangerous stocks to own on the NYSE and everybody is in orgy love with it. The reason that AOL is still going higher and higher is because all those no-clue analysts just keep pumping it with a "buy" or "strong buy" rating. People think AOL may be the next MSFT who has dominated its field for so many years. AOL did give its investors excellent returns in last a couple of years. But, I am questioning how high it can go without broadband excess and any new stuff. I am a firm believer that cable Internet excess will be the future. That's why I love ATHM, UNPH, BRCM, LU, and CSCO. In the city where I live, TW dominates the cable market. I couldn't believe that these cable guys move so slowly. If the cable excess is available, I would abandon AOL right way. I really wanted to AOL when it disturbed me with a noise and a pop-up window warning I will be logged off the line if I don't respond, even I have a unlimited excess :>( AOL is lobbying the government to push big cable companies to open their lines and wants to share bright future of Internet. No technology to compete and ask for help from government. AOL has been trying to fill this big hole for sometime and recently signed the deal with two baby Bells to offer DSL Internet excess. But I have the doubts whether DSL can compete with the cable. Looks like AOL begins using its high stock price to buy other big companies for future growth. The news came out today that they are even talking of buying CBS. Now, it's the Net company buying the big name media company, not the other way around. We are truly in a new economy! Enough said, I will keeping my eye on AOL, if it is really buying CBS, I may jump on the bandwagon for a joyful ride to the moon. <g> Have a fun tomorrow and ... Jack