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Technology Stocks : America On-Line (AOL)

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To: LindyBill who wrote (740)1/1/1999 6:19:00 PM
From: James Fulop  Read Replies (1) of 41369
 
"Any thoughts on what one should do with NSCP Shares?
The arbitrage boys will keep it close as it gets to be time to exchange. If I owned them,
I would get out and either put it in AOL or something totally separate. Why mess
around with it when you know exactly what it is going to be worth? "
Correct me if I am wrong, but selling would be a taxable event (unless you are in a non-taxable account) but the conversion to AOL shares will not be. This is what I intend to do as I am bullish on AOL and hate paying Uncle prematurely. Regards
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