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Technology Stocks : America On-Line: will it survive ...?
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To: steve lipson who wrote (7978)2/18/1998 1:17:00 PM
From: jack rand  Read Replies (1) of 13594
 
>>it's a little early to declare that they are abandoning AOL
>>less than 0.4 percent of the firm's total portfolio.

First, what matters re. % isn't of total assets but versus the funds in which the stock is held. Performance is measured fund by fund. And, obviously that % is greater, as total assets includes 28 funds, of which many (and most assets) are fixed income.

No, they're not abandoning AOL -- but they are lightening up notably. They wouldn't sell 25% if they thought risk/reward was very favorable.
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