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

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To: jack rand who wrote (8442)3/4/1998 10:23:00 AM
From: Paul Merriwether   of 13594
 
Rat's jumpin' ship ;>

An excerpt from WSJ:

interactive.wsj.com

AOL insiders have sold company stock fairly
regularly over the years, but Mr. Case's latest
transaction is larger than his typical sale, said Bob
Gabele, president of CDA/Investnet, a database
that tracks insider selling and buying patterns. He
said Mr. Case sold 333,500 shares in all of 1997.

The latest sale represents a 15% reduction in Mr.
Case's holdings of common stock plus vested and
unvested options, Ms. Primrose said. But Mr.
Gabele put the percentage at a much higher
36.9%, based on Mr. Case's common stock and
vested options. Options that have vested can be
exercised.

"It's a big block and it's difficult to interpret it as good news, but it also
probably isn't indicative that anything's wrong," said Henry M. Blodget,
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