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Technology Stocks : America On-Line: will it survive ...?
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To: purecntry5 who wrote (6194)12/4/1997 11:49:00 PM
From: PAL   of 13594
 
That news should be good for another 3-5 points!!

Yes in the morning AOL went up to 85 11/16 but the novelty started to wear off. I am sure that mutual fund managers do look at the financial condition of AOL, especially why do they need to borrow again and again? If they want to preserve profit, selling might begin soon.

Investment bankers do realize that AOL does need financing, whether through bank loans, or more debentures, or issuing more shares (or even preferred shares). Thus all of those requirements will generate fees for them.

Good Luck.

Paul.
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