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

To: Ed Forrest who wrote (17133)	5/14/1999 2:53:00 PM
From: Steeny	Read Replies (1) \| Respond to of 41369

Small comeback here. Looks like short-covering by daytraders.

To: Ed Forrest who wrote (17133)	5/14/1999 2:57:00 PM
From: Jacob S. Rosenberg	Read Replies (1) \| Respond to of 41369

The action on the stock is not really that bad. A sharp drop at the open and reasonable stability thereafter. BIG PICTURE: Earnings were solid. Even though AT&T will dominate the cable lines, how do you know that AOL is automatically shut out? Conceivably they could pay to be a provider on the Cable Lines. Finally, the switch to cable lines is EXPENSIVE and is in the future - not now, not a year from now and so on. AOL, it should be remembered, has millions of subscribers right now. Much, much more than AT&T's Worldnet. I'd like to hear contrary views. Jack