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Technology Stocks : America On-Line: will it survive ...?

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To: steve lipson who wrote (5016)10/10/1997 11:20:00 AM
From: S. maltophilia   of 13594
 
Steve-
I don't think a sale will happen, but if it does, it won't be for AOL stock. MSFT may not be desparate for cash -g-, but I'm sure they don't need a 15% stake in AOL either.

As to analysts' and underwriters' motivations much has been said and we won't resolve it here. But I keep looking for rationality and logic in their actions and it's hard to find in the case of this and many other stocks.
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