Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: THE PHANTOM who wrote (20396)	6/5/1999 12:08:00 PM
From: DavidCG	Read Replies (1) \| Respond to of 41369

Federal Court ruling implications: Read on! The Federal District court decided Friday at 3:30 pm that each municipality in the USA can decide if AT&T can have exclusive interests there and force people to use only ATHM (and what municipality is going to allow this?..none) ISP's (Internet Service Providers) like PRGY stand to gain huge Why? Because they want to offer AT&T cable service to their customers. They want access to it. Because this court ruling was totally unexpected by AT&T and the ISP's, and the stock market...the ISP's like PRGY, MSPG, etc should benefit greatly. Will AT&T appeal this? Well, duh, of course. But just the mere fact that a court ruled this way is sending shockwaves through the markets. The only real play here is buying ISP's PRGY is cheaper than MSPG and AOL, therefore I can buy a lot more of it because it trades at a lower price to its rivals. Leverage factor on this type of news is huge. PRGY can easily go back to $35-$40 in the coming days once people figure all of this out Remember, this court decision wasn't known until the final 30 minutes of trading on Friday. How many people stuck around for the last 30 min of friday? How many people knew about this court decision as it came out? My bet: not many. And they want in badly now. People will buy ISP's big on Monday and in the coming weeks. The other play of course is to short ATHM who loses its exclusivity in the market. Good Trading! -DavidCG