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Technology Stocks : America On-Line (AOL)

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To: RocketMan who wrote (4228)2/2/1999 1:29:00 AM
From: Chuzzlewit  Read Replies (2) of 41369
 
Wrong! The deal for Excite is cash. The deal for MovieFone is stock (no cash changes hands), and involves some dilution of AOL shareholders. But since the market cap of MovieFone is small compared to AOL (approximatelt 0.5%) the dilution is small.

TTFN,
CTC
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