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Technology Stocks : AOL, now I get it

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To: Robert Sorrell who wrote (66)11/10/1996 5:28:00 PM
From: Robert Sorrell   of 496
 
To All: Can anyone comment on the the Reuter's release today, Sunday, at 1:30 P.M. that stated Deutsche Telekom wants to acquire a bigger stake than previously planned in the European joint venture with AOL? I read it as state-owned Telekom would be going public this month and wants to acquire a bigger stake in AOL's counterpartner in Europe called Bertelsmann than originally agreed on. The original agreement was for 10%. Does this sound good that AOL is indeed growing and momentum might be building? Also, isnt the German Telekom which is going public like our AT&T here? Maybe the big guys are very interested in AOL and want to be a part of this. I am biased I know but would like a more professional interpretation of the news. I really could not interpret it either way. Again appreciate any info. As Always, Bob
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