America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: John Carragher who wrote (36766)	1/10/2000 8:30:00 AM
From: Hawkmoon	Read Replies (1) of 41369

Sorry to disagree John. Going from Chairman AND CEO of the acquiring company (AOL) to merely Chairman of the Board of the new entity is a DEMOTION. Especially when you pay a 71% premium over the market price for TW. AOL shareholders got either got screwed on this deal, or they were thrown a lifeline by TW. But one thing is clear... Time Warner management obtained more than equal control of AOL properties and received a nice premium for the effort. But they have to sell this as an acquisition of TW by AOL because AOL has the coverage that TW lacks. If they can make it look sexy enough, AOL stock will be supported in a way that TW stock never could dream of. I think the market will figure this out and make the proper analysis. We'll see.... Regards, Ron

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