SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jack rand who wrote (7988)2/18/1998 6:36:00 PM
From: steve lipson  Read Replies (1) of 13594
 
>>What is your source of their basis in the stock?<<

When you responded to my post I assumed you had read it.

We know when they acquired the stock, or at least 80 or 90 percent of it. We know what the prices were during those time periods. I was being generous to your case by picking ballpark figures that represent the high end of the likely range for their cost basis.

Similarly, I was trying to be generous to your position by looking at the AOL holding as a percentage of total assets. If your contention is that it is concentrated in a few funds and those funds therefore have 3, 4, or 5 percent of their total assets in AOL, then I would submit to you that there is no way you can read that concentration as anything but a strong vote of confidence in the stock.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News