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Technology Stocks : America On-Line: will it survive ...?

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To: James Young who wrote (2237)3/7/1997 1:45:00 AM
From: James F. Hopkins   of 13594
 
Hi James: BNN Planet NET..is doing the upgrade..and
I pointed to it some time ago..it's no secreat..AOL can not upgrade
their own system..the catch is..how are they going to pay BNN ,
---and why is BNN doing it when they are controaled by AT & T,
ever hear of a hostle take over....pay me or else..ok I'll
let you word it that we are partners, just remember who has the hammer, BUT>>>All - Has anyone heard of any rumors in regard to a deal between PSI net and AOL...<<<<<
No I have not..BUT I have been looking at PSI net..it is beat
down bad and also losing money..not as much as AOL..but still it's
sure not making a profit..and is down way off her highs..closed
at $6.72...IF a merger of some sort is in the pipes all AOL
has to offer is STOCK...this could be attrctive to PSI..considering
AOLs Stock price..it would be one of thoes stock swap things
and you would likly see PSI stock rocket up..where AOL stock,
( being it gets diluted , as this is a sort of round about way of making another public offering )...(and sticking PSI stock holders
with AOL stock..) it in the short term it would increase value of
PSI..and decrease value of AOL..stock..but I have not heard of
it..but you got me going to look at the PSIX options, as the tip
off will be a lot of extra call activity in PSIX..if I see that,
I'll post it..I'v been tracking PSIX optins for a while..so I'll
spot extra activity..beyond the norm..thanx ( i think )but
haven't looked today yet..
jim
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