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

To: Dr. David Gleitman who wrote (18170)	5/24/1999 2:15:00 PM
From: Robert Rose	Read Replies (1) \| Respond to of 41369

Not quite sure what you're getting at. Are you saying aol is overvalued? Are you saying the market is going to pieces. Are you suggesting you are short aol??

To: Dr. David Gleitman who wrote (18170)	5/24/1999 2:36:00 PM
From: Augustus Gloop	Read Replies (3) \| Respond to of 41369

<<I cannot believe that this "devaluation" is simply the result of nonspecific responses to the question of broadband.>> It's not! It's a combination of things. 1) Worries over inflation and thus higher rates always drill high p/e stocks first. 2) The nasdaq and tech sector as a whole are being sold off 3) No stock goes straight up Keep some powder dry!! If the Fed does not raise rates ( and I don't think they will) you may have a real opportunity to pick up some shares at a bargain price as compared with levels 2 months ago.