America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: jack rand who wrote (1864)	2/24/1997 10:17:00 PM
From: James F. Hopkins	of 13594

Re >Probably not Right away at least. These types of suits are common and taken in stride by the market.> ARE you kidding, I have never seen a stockholders suit this big with 18 insiders caught trading aginst the SEC regulations, I have seen much smaller ones send the stock to the toilet, DID YOU READ THE FULL ARTICAL..this is no jerkoff little case, by some dissatisfied customers, this is 85% of the 90 odd million share holders that took a rip off , from the point the insiders sold around 55 down to the $22 dollar level..we are talking about roughly about $2,142,000,000 dollars, put your brain in gear, certain mutual funds have to be behind this, and they have far deeper pockets than AOL..this spells bankruptsy..big time and don't think the other funds dont know it. I doubt I can even buy puts in the morning. Jim

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