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

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To: The Duke who wrote (9611)4/22/1998 7:25:00 AM
From: Winter  Read Replies (1) of 13594
 
Re: K-Tel split

>>these boys are no fools, they know how to milk this for all its worth. If they are really smart they will use their stock as currency to buy an electric utility, or a shipping company, or something like that. Then, with really substantial earnings, and the pe traditional afforded to an internet company (~500-600) they could really build quite a company.<<

Unforutunately it takes some time to close a deal like that, and I suspect the bubble would burst before they finish it. And I'm pretty sure that any company they tried to acquire on a stock swap basis would fight it very vigorously for the obvious reasons.
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