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Technology Stocks : America On-Line: will it survive ...?
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To: Frank Ellis Morris who wrote (13049)12/24/1998 9:05:00 AM
From: John Carragher   of 13594
 
wsj heard on the street

one note

Even though AOL's stock price already had risen more than sixfold this
year, a spot in the S&P 500 will likely lead to even more demand for the
shares. According to a study put out by Merrill Lynch equity-derivatives
analysts Diane Garnick, Steve Kim and Silvio Lotufo, new demand for
about $2.9 billion worth of AOL stock, or 21 million shares, will appear
because of its placement in the index. That is equal to about 5% of AOL's
shares outstanding.
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