America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: RocketMan who wrote (4236)	2/2/1999 8:51:00 AM
From: Vendit™	Read Replies (3) of 41369

At first glance, America Online Inc.'s (NYSE: AOL) $388 million acquisition of (Nasdaq: MOFN) prompts a resounding, "Huh?" But rest assured Ticketmaster-CitySearch (Nasdaq: TMCS) got the message. It would be easy to argue that AOL (financials) simply has the cash, got bored, and needed to buy something, but AOL's all-stock acquisition of MovieFone makes sense as the Web becomes more local. zdii.com

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