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

To: Craig A who wrote (19954)	6/3/1999 6:47:00 PM
From: stock_bull69	Read Replies (1) \| Respond to of 41369

AOL just behind YHOO on the top 100 Website listings for May: biz.yahoo.com Steve

To: Craig A who wrote (19954)	6/3/1999 9:32:00 PM
From: C Nelson Reilly	Read Replies (4) \| Respond to of 41369

You're deep into the Grey Goose and I'm deep into the Grand Marnier. I may have even wounded a grey goose with an errant tee shot today. I thought I saw some cold duck or grey goose blood on the 15th green. It nearly ruined my birdie. For what it's worth here's my take on the AOL situation (disclaimer: I am long AOL and really short of cash): 1. It's too bad the bond market has as much influence as it does on stock prices. I thoroughly enjoyed and profited from the few months of disconnect with those whining titty babies. Bond traders remind me of the old blue hair ladies that gossip and worry themselves sick over nothing, kind of like Dana Carvey's Church Lady: COULD IT BE.....INFLATION!!! 2. This happens every summer. Try hard not to worry about it. Or go trade bonds and end up with a weenie negative attitude about our fine country and capitalism in general. 3. Whoever posted about the generational gap in investor psychology was right on the mark. The ancient and crusty wise ones were knocked out of their walkers after seeing a 20 pt. one day gain for IBM (the stodgiest and most suspect of self-proclaimed internet darlings). I remember a 90+ day in Yahoo last winter. The old coots with the cash and power don't understand or don't want to hear about the internet. They will all die sooner than later - and the remnants of their rotting fetid really old and stanky corpses will provide the organic fiduciary fertilizer for the next generation of spoiled investor internet useage. So don't sweat the small stuff. Or something like that. 4. If I ever met Charles Schwab on a golf course I would ram a sand wedge so far up his ass he would have to open his mouth to chip to the green. Provided of course that I wasn't on margin and would therefore have to ram a sand wedge sideways up his ass and then into his liver and hope that Chuck didn't change the margin rules while the HMO's did the paperwork. He personally does that all the time! For his own Schwab account I think Alcoa is a screaming buy. It's hard to tell with these "bogey bogus broker bisexual barometer Bartiroma bourse balances" reported every tic by CNBC. Go Faber...Go Faber...Go Faber! 5. NOTHING HAS CHANGED, EVERYTHING IS THE SAME, AND YET IT IS ALL DIFFERENT. Vinik puts his pants on one leg at a time and misses both times. Shake your money maker, etc. 6. Not only am I the eggplant, I am the walrus. 6. THE MORE THINGS CHANGE, THE MORE THEY CHANGE. Yours in margin, C Nelson