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Technology Stocks : America On-Line (AOL)

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To: pine nut who wrote (36995)1/10/2000 9:15:00 PM
From: Jim Lamb  Read Replies (2) of 41369
 
Ted and the boys at TWX reamed us good today and some of you guys can smell roses out of a pile of horse manure on this deal?? Check out the profit margins on TWX,about 5%.
biz.yahoo.com
If I was Turner I would be happy too with all the money he stole from us AOL shareholders today. Their stock skyrockets and at our cost. It will take years to sort this one out and it makes our earnings coming out next week a moot point. AOL paid way to much and the market proved it today with the stock action.
I sold all my AOL LEAPS, all my IRA shares and 42% of the rest of my cash account today.
If Steve Case was kept as CEO I wouldn't have been so drastic but he not only sold to cheap but he gave up control of his company. Levin is now CEO. What a bunch of boneheads.
Good luck to all longs.
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