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Technology Stocks : America On-Line (AOL)
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To: Novacal who wrote (29705)8/20/1999 6:47:00 PM
From: J Krnjeu   of 41369
 
Mr. Novacal,

AOL management should have taken some proactive action on the PR and investor relation department with more positive news that somehow ensures the long-term health for their stock.



My thoughts exactly. AOL management has not taken all the steps necessary to insure the stock price remain above the 100 dollar mark.

AOL management should have announced a stock buy back program to the tune of $1 billion dollars. That would do 2 things.

First provide support at a given price maybe $110 or $120 dollars.

Second, it would give a feeling of confidence to the market.

Next they should have split the stock last April which would have kept the share holders happy and kept focus on the stock.

Then they need to do something to encourage the fund managers to buy back in or buy more shares.

They are doing a great job growing the business but right now that doesn't seem to matter much.

Just my 2 cents since that is about all I have left from AOL stock.

Thank You
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