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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: robert duke who wrote (16896)	5/13/1999 12:34:00 AM
From: Ian Davidson	Read Replies (1) \| Respond to of 41369

Sorry if this has been previously posted: THESTREET.COM - May 13 12:27am Wrong! May 12, 1999 Never Write Off AOL By James J. Cramer Cable modem loser? Backing second-rate xDSL technology? Beaten back by AT&T (NYSE:T - news) ? Or one more buying opportunity for America Online (NYSE:AOL - news) ? Judging from premarket action, the answer is the latter. Mary "No strong buys" Meeker just went from outperform to strong buy on AOL, and you can see the stock ripping through the 130s in SST-like fashion thanks to this Morgan Stanley push. Last week, when I wrote positively about AOL, my mailbox exploded with email about how AT&T had destroyed AOL, like it was some sort of playoff game that had been decided and AT&T had advanced to the finals while AOL got sent back to play golf. Made me buy more. You can't write off AOL. I have a T-1 connection, ISDN service, a cable modem and a 56K modem (all to access TheStreet.com), and I have never -- even for a moment -- entertained the notion of junking AOL. I love the instant-messaging function (it is how we communicate at Cramer Berkowitz) and the overall ease of AOL. And I love that it has beaten Microsoft (Nasdaq:MSFT - news) so far in this battle -- and hasn't taken Microsoft's billions to keep technology handcuffed to Windows or whatever else Ballmer might be cooking up to keep the shackles on all of us. (And I am long 'Soft!) So, obituary writers, take that Meeker upgrade and remember the pain it caused you. And think twice before you bet against AOL because of some deal or combo that everybody has forgotten already. Ian