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Technology Stocks : America On-Line: will it survive ...?
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To: Keith O'Neill who wrote (6211)12/5/1997 1:08:00 PM
From: Sowbug  Read Replies (1) of 13594
 
<<I think the plan is to keep AOL afloat for the next 4 weeks until past
Jan 1. That way when the institutions sell they won't have to pay
Uncle Sam for another year. They have huge capital gains therefore
have a huge incentive to inflate this stock a little longer. You've
heard of tax selling? This is the reverse.>>

Interesting theory. Is there precedent for it in previous years, whether with AOL/AMER or a comparable stock?
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