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

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To: Brian Hornby who wrote (2645)4/2/1997 2:42:00 PM
From: James F. Hopkins   of 13594
 
To All: This could be the night..if AOL takes compuserve..it has to
be a stock swap..when share holders figure out the dilution..AOL
could take a free fall, if the deal goes ..all shareholders on the
Csrv side will get a bonus..but they don't want AOL..so they will
sell before deal is done..AOL will have one more lemon..but being
Steve likes lemon-aid this is right up his lane.
I love it..long Csrv, short AOL
My guess is AOL will close at 45..and open in the morn about 40
but it's just a wild guess. Likly 1 Aol share for 3 Csrv..put
Csrv at 15..I haven't checked the AOL dilution..yet.

Jim
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