America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Walcalla who wrote (36930)	1/10/2000 4:19:00 PM
From: Dr. David Gleitman	Read Replies (3) of 41369

I just sold out of my position of AOL @ 71 5/16. I just didn't like the market response working against the valuation of AOL. Yes, everyone thought that it was a perfect match, not only did AOL end up buying the milk, they ended up buying the cow and the farm to boot. The one's who benefited the most was TWX shareholders getting that nice boost today and their 1.5:1 deal. In this case here, with regards to this AT&T rumor, I have made myself to be the sacrificial lamb. I can almost bet that there will be a hostile bidding war for AOL NOW THAT I HAVE SOLD MY ENTIRE POSITION!!! Best of luck to all. David

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