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: chenys who wrote (2757)	4/8/1997 2:11:00 AM
From: James F. Hopkins	of 13594

Chen:...I don't know what to make of the marrage..but tomorrow should tell..bet compuserve wants at least 1 share for 2.. if so that could take this sucker down to $28, in a hurry.. heck compuserve has more book value than AOL..nether one are worth over $12..you can bet whem ole H&R gets paid in shares, he will dump them ASAP, whats the idea of selling one just to get another..H&R Block wants out of the network biz and he owns 80% of CSRV..you don't think he's going to keep AOL stock..so after the adjustment..he'l start unloading.. he dont care about the other 20% of share holders he will make money if AOL goes to the teens...thing is he can't dump his 80% of compuserve on the market with out it going to about $2 there is not enough float for him to get out...so he'll take what he can of AOL stock..and it will be easyer to dump and he will dump it <G> If this deal goes through you will see one hell of a sell off right after the shares are issued. Jim

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