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

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To: jack rand who wrote (5934)11/14/1997 1:40:00 AM
From: S. maltophilia   of 13594
 
<<What I don't get is who anywhere in the world would buy
4% AOL 5 year paper (subordinated yet) on stock .....>>

My guess is that it's clients of Capital Group/Research, AOL's largest holder-----
Over 5% Stockholders:
The Capital Group Companies, Inc. and
Capital Research and Management Company(2)(3).......... 12,833,220 13.7%
333 South Hope Street
Los Angeles, California 90071

Putnam Investments, Inc.(2)(4)......................... 7,727,146 8.3%
One Post Office Square
Boston, Massachusetts 02109

Or, perhaps some ended up in a Putnam fund. If anyone has a stake in giving this turkey a good deal, it's one of these.
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