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Technology Stocks : AOL, now I get it

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To: yard_man who wrote (483)2/18/1997 10:32:00 PM
From: James F. Hopkins   of 496
 
HI Barry: She's fixing to fall !
Got the url ...it if it's same as below !
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Tuesday February 18 11:59 AM EST

America Online Inc holders file to sell shares

WASHINGTON, Feb 18 (Reuter) - America Online Inc said Monday in a shelf registration filed
with the Securities and Exchange Commission that some of its shareholders offered up to 1,006,942
common shares for sale.

The largest selling shareholders include AT&T Corp with 480,786 shares for sale, Draper
Associates II LP with 278,464 common and Peter Burnight with 47,210 common shares. The filing
did not identify Burnight.

The stock sale is not underwritten, the company said in the filing.

American Online, based in Dulles, Va., is engaged in the interactive services market with nearly $1.1 billion in revenue during fiscal 1996.
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Reported revenue is what they should have said...shezzz
with the cancelations..and refunds, and "the prepaid"
which they may or maynot collect..like they counted every
thing that blinked...<G> and still they lost over $5.15 a SHARE !
how she hasn't dumped before now suprises me..Steve Case is
doing a good job of damage control. But now ! look out below !
Jim
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