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

To: Hobie1Kenobe who wrote (19091)	5/28/1999 8:20:00 AM
From: David Petty	Read Replies (1) \| Respond to of 41369

They are still way too arrogant!

To: Hobie1Kenobe who wrote (19091)	5/28/1999 8:46:00 AM
From: John F. Dowd	Read Replies (1) \| Respond to of 41369

JF3: Have you seen that AOl is registering to sell 5,000,000,000 in securities? Dilution? I agree with all of you who think that these talking heads don't know squat yet they wield a lot of power. They talk of techs being hurt by high interest rates because it raises their cost of capital. I gues they have never seen the balance sheet of a real good high tech company. It is the utilities rust belt and airlines that are effected by the cost of capital. Theytalk about the flight to quality because of inflatinary fears and that is why the bond market goes up. They talk in oxymorons. Unfortunately their illogical babble carries a lot of weight because they control the airwaves. I get 1000 x more good ideas from these forums than I do from TV or the WSJ. JFD