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

To: Dr. David Gleitman who wrote (27061)	7/27/1999 1:53:00 AM
From: FR1	Respond to of 41369

You are right. When people like Dell or Gates (both of whom started their business) sell stock, it is at a more appropriate time and, as you say, bled off carefully so not to hurt the business or the shareholders. Steve is showing he just doesn't care about the shareholders. Doing it just hours before a major bad news item for AOL (which he knew about) is remarkable. Incidentally, he recently he sold a lot more stock and used it to set up business in Hawaii, his home state. It looks more and more to me like this guy is arranging things for a comfortable exit.

To: Dr. David Gleitman who wrote (27061)	7/27/1999 1:54:00 AM
From: Michael Kucera	Respond to of 41369

case just unloaded about 9% of his holdings, at most Dell may sell less than one-half of 1% of his. Case does not hold many shares of AOL. But maybe somebody can dig up some info on when he is allowed to sell and how many shares he receives per year, etc. On the surface it looks bad but he also sold a big chunk last year and the stock took off like the rocket that it is shortly after that...