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Technology Stocks : America On-Line (AOL)
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To: KailuaBoy who wrote (32411)10/7/1999 7:28:00 PM
From: CGarcia  Read Replies (2) of 41369
 
"Why would a company with 1.8 billion shares seek to increase the outstanding shares to 6 billion? Gonna buy Japan? Microsoft? P&G? What would take that many shares?"

I would guess because they might want to buy ATHM but may have to buy that $7billion clunker called Excite as part of the deal...this would be way too expensive a deal for AOL to pull off with a mere 1.8 billion shares...Remember AOL likes to buy other companies too, it's how they continue to grow and why they are the gorilla of the internet.
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