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: KLAW97 who wrote (13107)	12/25/1998 7:29:00 PM
From: Dennis J Baltz	Read Replies (1) of 13594

I have just rode my IBM stocks from the mid 150's to 188 in one month. But Monday I'm selling IBM and buying AOL at the open. These index funds bidding on AOL will be like a feeding frenzy. Mutual Funds currently own 75% of all AOL stocks. AOL has 458,146,000 shares outstanding so that means only 114,536,500 are available with an average daily volume of 14,340,000 shares. Is anyone licking their chops yet?????? IBM has been very very good to me and has more upside potential but with 922,852,000 shares outstanding, I'm leaning toward AOL. By the way, AOL can split 2 for 1 anytime they want because they already have shareholder approval from an earlier proxy. Is anyone licking their chops yet?????? slurp slurp :) Dennis

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