America On-Line: will it survive ...? Message Board

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

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To: Steve Robinett who wrote (11406)	10/9/1998 4:39:00 PM
From: Stkbuyer	Read Replies (2) of 13594

SEC filing made on September 28, 1998 announced the annual meeting of shareholders was being held October 21. Included in the proxy to be voted on by shareholders was: The approval of nominee Colin Powell to the Board of Directors and the approval of an increase in the authorized number of shares from 600,000,000 to 1,800,000,000. The 10-K showed shares currently outstanding of approximately 221,000,000. It looks to me like the possibility of a 2 or 3 for 1 stock split in very strong. Couple all this with the statement this week of the possibility of Time Warner or others being interested in a takeover of AOL and short covering after the unexpected rally today and we can look for a good week next week. Good Luck

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