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Technology Stocks : America On-Line (AOL)
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To: Dr. David Gleitman who wrote (12477)4/24/1999 12:12:00 AM
From: Sonny Bui  Read Replies (2) of 41369
 
Excerpt from the <Rule Breaker Portfolio>:

AOL closed down $2 3/16, after dipping even further during the day. Though the stock had a terrific week, ending 31% above its Monday low of $112, yesterday's news that Sprint (NYSE: FON) plans to sell 28.8 million AOL shares may have dampened investors' spirits. Though it's not a huge big deal, you never like to see large, presumably savvy investors cashing out major holdings, no matter how reasonable the reason.
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