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Technology Stocks : America On-Line (AOL)
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To: Cosmo Daisey who wrote (2936)1/19/1999 6:07:00 PM
From: RocketMan  Read Replies (3) of 41369
 
AOL's float is about half a million shares. Let's say institutions own 3/4 of that, that leaves 125,000 shares for individual buyers. Let's say the average retail owner has 100 shares (it is probably much more). That makes for 1,250 retail shareholders. That is a drop in the bucket. There are several million individual stock investors. That is who is left to buy.
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