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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (22237)6/14/1999 11:19:00 PM
From: Jacktoad  Read Replies (2) | Respond to of 41369
 
America Online buys 10 pct of China.com


June 14, 1999 10:15 PM
HONG KONG, June 15 (Reuters) - China.com Corp said on Tuesday that Internet giant America Online Inc AOL has bought a 10 percent stake in the company.

"Yes, we can confirm that," a China.com Corp spokeswoman said, but declined to give details.

China.com's largest shareholder is New World Infrastructure , which boosted its stake in the company last week to more than 20 percent from 12.7 percent.

China.com operates four major Chinese-language Internet websites and is a sister company of China Internet Corp, a Hong Kong company controlled by China's official Xinhua news agency.

New World officials said in April that China.com was working on plans to list its shares on the Nasdaq stock market in the United States.

((Hong Kong Newsroom +852 2843-6934, Fax +852 2845-0636 hongkong.newsroom@reuters.com))

REUTERS

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Following are Reuters Alerts related to this article

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ALERT
CHINA.COM SAYS AMERICA ONLINE HAS BOUGHT 10 PCT STAKE IN COMPANY
REUTERS



To: Captain Jack who wrote (22237)6/14/1999 11:30:00 PM
From: Jimbo Cobb  Read Replies (1) | Respond to of 41369
 
Hi Cap'n !!

I agree with most of what you say, and definitely agree that no new highs for the NUTZ for 6-month minimum....

Still will look to sell a couple AOL LEAP puts or something to start averaging into a position here soon...

There's always more than one way to skin a pig...I mean cat....

jajajaja

Jimbo.