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

To: Steeny who wrote (17043)	5/14/1999 10:10:00 AM
From: Boplicity	Read Replies (3) \| Respond to of 41369

re: The Fed would love to take back 25 bps if they could without causing too much damage. Admittedly, the bonds are correcting themselves somewhat and this may avert a tightening. The last part of this is why I said what I said about your post. The economy will not be played with. The FED under Greenspan knows that with information traveling at light speed and the general public more in tune to the economy and stock market, it has to ability to self correct itself. More importantly productivity gains are to still being realized. I feel the economy can take higher fuel cost, which have now been factored in and have stabilized. I do have to agree, that with the economies of the world recovering, commodity prices will have to be watch more closely. I would love to know how much of the fuel increase can be attributed to jet fuel.

To: Steeny who wrote (17043)	5/14/1999 10:25:00 AM
From: Tunica Albuginea	Respond to of 41369

Steeny, this scenario ( higher interest rates )needs to play itself out. Higher oil prices/interest rates will dampen growth in Asia which Abelson in Barrrons felt was the world wide " economic bubble " that Alan Greenspan was trying to keep afloat with lower interest rates last Oct. I think the implications of all this needs to play out. The big thinkers will be sitting down this weekend and tells us what all this means <g>. This correction may be different in the sense that prices will come gradually down further in next days as fewer buyers show up to buy. Also summer is coming, usually a slower season. There is another month to earnings release. We need to see how all this will play out for AOL. A great Co., TA Message 9485218