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Technology Stocks : America On-Line: will it survive ...?
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To: Andrew Furst who wrote (10292)6/17/1998 5:38:00 PM
From: J.S.  Read Replies (1) of 13594
 
You make a good point. Indeed, I think it is pretty clear that
you could do much better with $30B of hard currency than buying AOL.
As someone just mentioned on the AMZN thread, as soon as such an offer
was made ATT stock would plummet along with the proposed offering.

For $30B cash, Case would cash in before you could say "extraordinary
earnings, capital gains from sale of stock, and net operating loss
carryover". That would make him one of the richest men in the world.
Running AOL would be small potatoes.

Please keep in mind that the only thing we know is that the
London Times reported that "One person told them that the offer
would be ..."
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