"<latest AOL run started with a press release"
Appears that way, but, frankly, I think it was purely coincidental. MFST with 2MM subscribers dropping their drawers against AOL with 18MM+ subscribers would have been a looooong battle. MSFT is still playing defense on AOL and you can't win playing defense. Conversely, MSFT raising their price 2 bucks, wouldn't seem of the significance required to run AOL's price 13+ points in two trading days on noteworthy volume. If the world fears MSFT THAT much, I wouldn't sleep at night.
I think the run Friday at a $10 pop was founded on advance knowledge of the resurgence of the AOL/ATHM/T rumor. This rumor has been around for 3 to 5 months, but, now it has an air of credibility about it. AOL and T have been rumored in talks for a while, AOL is looking for an additional 4.2 billion shares (for splits, acquisitions, etc.) and the rumor is amplified formally by streetadvisor Friday (or Sat) and again today. POP
My $.02 worth,
which, when added to $.98 will get ya a cup of coffee |
