for a company with almost 20 million MONTHLY
And how much do you think the stock
will go up when they report their 20 millionth
The gift is being able to buy it under
$100! The word on the street is everyone will go back
to AOL first after this correction is over.
The price should rise pretty quickly once investor
anxiety is gone. Also, shorts and those who sold at
higher prices itching to get back in. Thats why it can
go up rapidly as shorts give up, longs add more
(cost average) and former longs buy back
Remember, the best times to buy is when there "seems" to be
problems with the business. The President of AOL came out
and said business is tremendous during these slow
months. I tend to believe it when it comes out of their
mouths since most are traditionally cautious.
shorts had their fun and will wilt slowly from now...
The time to short was when it was in the $120+. You
can short the pretend internet companies but not AOL.
AOL can get on a 17 out of 20 positive trading days
when it is on a roll.
We are definately a prime candidate for a BUYOUT.
Buy NOW and HOLD it........ AOL will need to announce
a stock split and they do need to settle this thing
with Micro soft. Individual investors who have had
this stock for a couple of years got scared and sold
out. With the stock split those who are out of this
company could afford to put some of their monies back in
and hold again. Hopefully we'll start seeing AOL
buying up cable companies knowing their going to be
around for years to come. Like that DAYTRADERAZBRIAN
The Federal Reserve publishes a summary of
commentary on current economic conditions by each of the
Federal Reserve Districts - called the Beige Book - 8
times each year.
It came out today with economic
data through August 3, 1999 (Tuesday of last week) and
here are a few excerpts - highlights will show up in
1. There is no evidence of any
broad-based acceleration in prices or finished goods and
services. Retailers in Boston, New York, Atlanta, Chicago,
Minneapolis and San Francisco report stable prices, while
those in Philadelphia, Richmond, Kansas City and Dallas
indicate very modest increases.
2. Retail sales,
which had been robust in the second quarter,
decelerated somewhat in July. July retail sales were
characterized as strong in most districts, but the pace of
growth appears to have eased since the last report.
Activity has slowed somewhat in New York and Dallas.
Overall, retail inventories are generally at desired
3. Despite labor shortages, none of the districts
report evidence of any broad-based acceleration in
wages. Overall wage growth remains subdued. Labor
shortages persist but there has been only scattered reports
of any actual acceleration in wages. Final prices of
goods and services remain relatively stable for the
most part. There is no evidence of any broad-based
pickup in consumer price inflation.
4. Weak or
declining manufacturing activity is reported in metals
industries in Philadelphia, Chicago and San Francisco and in
the textile industry in Philadelphia, Richmond and
Atlanta. Other reports of weakness come from makers of
machine tools in Boston and San Francisco, farm equipment
in Cleveland and Chicago and commercial aircraft in
St. Louis and San Francisco.
in the west - Dallas and San Francisco - report some
pickup in exports to Asia; producers in the Boston
district see only scattered signs of improvement in Asian
6. Consumer prices remain relatively stable.
7. Agriculture and livestock prices remain weak and
are mostly down from a year ago. Hotel room rates
have leveled off in New York following sharp rises
last year. Chicago notes slackening in demand for Y2K
RESEARCH ALERT - America Online
NEW YORK, Aug 11 (Reuters) - Lehman Brothers
on Wednesday reiterated its buy rating on America
Said it is tough to call AOL a
value stock, but "Believe it or not, it looks cheap!"
Estimates AOL could generate over $8 billion in free cash
flow over next three years.
valuation, coupled with some catalysts, could begin to turn
the tide in the Internet stocks.
for AOL could be better subsciber growth in the U.S.
and the U.K., the rollout of digital subscriber line
service, resolution of the Instant Messenger issue, and
potentially a cable deal.
Shares were up 1-1/4 at
because their customers bought it at high prices.........when aol goes up beacause of lehman reccommendation, lehman wiil then tell teir clients to sell...........be careful..just my honest opinion
The system I use is advertised on CNBC all of the
time. It is DTN (Data Transmission Network). I can't
quite remember but I think the satellite and
transmission box is about $500 and then you get a local
antenna service to hook it up for about $200. Then I pay
a little over $100 for a monthly service fee. The
screen display is on my computer and I flip between
Yahoo and DTN to keep track of things. It works really
well and after the initial cost I can't imagine making
trades without it. You can see the trades tick by tick.
Everything on TV is lagging a few minutes even though they
say that they are real
DTN...800-763-9959...The satellite has to be pointed at a certain degree
and not blocked by trees or houses.