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

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To: cody andre who wrote (2885)4/17/1997 12:33:00 PM
From: Allen Plyler   of 13594
 
Maybe the insiders were concerned about this:

From IBD:

SUN, MOTOROLA, Others Buy Stake In A Web/Cable Firm

@Home Network sold $48 million in preferred stock, representing 4.5% of the company, to investors including Motorola, Sun Microsystems, Bay Networks, Rogers Cablesystems and Shaw Communications. The private placement puts its total value at $1.07 billion. @Home Network provides high-speed Internet access over cable TV. Tele-Communications, Comcast and Cox are major holders.
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