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Technology Stocks : America On-Line: will it survive ...?
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To: Keith A Walker who wrote (10504)6/30/1998 11:39:00 AM
From: Tim Kenney  Read Replies (1) of 13594
 
Keith, why do you say that a split has becoming less likely unless it is explicitly prohibited as part of the offering (which I highly doubt). AOL execs are the consummate managers of their stock price. I imagine that part of the appeal of the offering is a pending split announcemnt by AOL after the distribution. AOL would split its stock every week if it thought it would make the shares go up. That is a major difference between YHOO and AOL. YHOO is actually managing a business instead of a stock price.
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