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: Brent D. Beal who wrote (5888)	11/13/1997 12:06:00 PM
From: Tim Kenney	Read Replies (2) of 13594

Brent, I'm with you, but let's not get too cocky or we might wind up with egg on our collective faces. Goldman still has to sell this thing. The conversion price is at $104, which is looking awful given the latest share price. Goldman is going to need a lot of help, and the tail of money wags the dog of Wall Street. We should expect that we will be getting a string of strong buys and reiterated reiterations out of the investment community and must therefore be somewhat cautious. Certainly, Goldman did not take on this deal so they could choke on it. They no doubt have a plan for getting it done.

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