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Technology Stocks : America On-Line (AOL)

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To: jhg_in_kc who wrote (37046)1/11/2000 12:21:00 AM
From: JayPC  Read Replies (1) of 41369
 
msnbc.com

The fact that Time Warner initially soared to $102 on the news, then fell back to a midday price of barely $89, while AOL fell on the news to $72, means that as news of the deal sinks in, investors think the combined entity will be worth about $309 billion at most, and that the shares will sell for $66 per share

Regards
Jay
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