Wal-Mart Message Board - Msg: 11938392

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Non-Tech : Wal-Mart

WMT 102.32

+0.7%

3:59 PM EST

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To: Bruno Riccio who wrote (963)	11/15/1999 6:42:00 PM
From: Walcalla	of 1166

From Smartportfolio.com In other market news, investor interest was sparked today by a Donaldson Lufkin & Jenrette analyst report that America Online (NYSE:AOL) and Wal-Mart Stores (NYSE:WMT) are in discussions to form a possible alliance. Although no deal has been reached and it is unclear exactly what the alliance would entail, investors were excited about the prospects of a joint venture between the two giants. If such an alliance is formed, AOL could increase its subscriber base from Wal- Mart's large number of customers, many of whom are currently offline, while Wal-Mart could benefit from enhancing its prominence on the Internet. AOL shares closed up slightly by 7/8 (+0.59%) to 149 3/8 while Wal-Mart shares edged up 1/16 (+0.11%) to 58 15/16

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