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Strategies & Market Trends : Rande Is . . . HOME

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To: Proton who wrote (18363)	1/10/2000 11:55:00 AM
From: Rande Is	Read Replies (1) of 57584

Trading ALL AOL for TWX. . . . . Time Warner and AOL stock will be converted to AOL Time Warner stock, with Time Warner shareholders getting 1.5 shares of AOL Time Warner for each share of Time Warner stock they own. AOL shareholders will get one share of AOL Time Warner stock for each share of each AOL share they own. At this rate, TWX is lagging and represents a bargain from this level. . .arbs not driving either stock at this time. . .they could change things. . but the way I see it. . .die hard AOL'rs will continue to push AOL as the internet stock it is. . .which over time will continue to pressure TWX stock upward at a rate of 50% more than AOL. . .due to the higher split. Open to debate on this issue. Rande Is

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