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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 249.14+0.3%Nov 11 3:59 PM EST

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To: Mark Fowler who wrote (58917)5/27/1999 10:29:00 PM
From: Glenn D. Rudolph  Read Replies (3) of 164684
 
Should we re-start the CBS takeover rumor??

"America Online <AOL.N> files $5 bln shelf offering
WASHINGTON, May 27 (Reuters) - America Online Inc. filed
Thursday a shelf registration with the Securities and Exchange
Commission for up to $5 billion in debt securities, common and
preferred stock, depositary shares and warrants.
The world's No. 1 Internet service provider said more than
$450 million of securities in the $5 billion registration were
previously registered and being carried forward.
Net proceeds will be used for working capital, capital
expenditures, acquisitions and repayment of outstanding debt,
the Dulles, Va.-based company said.
AOL's stock price closed down more than $4 to $115.75 on
the New York Stock Exchange."
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