Michael Mahoney
Michael Mahoney
aol gain garden great greater lots outside pay people phenomenal reason stuff using
As people gain greater sophistication in using the Net, they don't need the walled garden that is AOL, ... The only reason you pay for AOL is if you think there is lots of great stuff in the garden -- but everything outside the garden is phenomenal so you don't need it.
internet
I think there is going to be more Internet consolidation.
billions gets key
The key thing is materiality. When it gets up into billions it is material,
continue good selling
If we continue to see selling off in tech, telecoms are a good place to hide,
wireless
Wireless is on fire. I don't see what slows wireless down.
behind concerns economy power rally rate seems signs slowing
The power behind this rally seems to be unstoppable, notwithstanding the concerns about a slowing economy because of the rate rise. We don't see any signs of that.
chasing companies core enormous meaningful moved places tiny
We're not chasing the really tiny companies that have moved enormous amounts, ... The core companies with meaningful franchises are the places to be.