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To: Victor Lazlo who wrote (77670)	9/18/1999 12:44:00 PM
From: Olu Emuleomo	Read Replies (2) \| Respond to of 164684

interactive.wsj.com --Olu E.

To: Victor Lazlo who wrote (77670)	9/19/1999 11:03:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Glenn maybe I'm whacked out on this, but i think that on a somewhat subconscious level, many investors view aol, a money-making company, as currently "being what it is going to be"- it has basically achieved the bulk of its strategy, and from here on it will simply keep growing and add features and alliances incrementally to try to stave off competitors. (And it may be more prone to competitors than, say ebay, which is also now "what it is going to be" but which is also clearly the gorrilla of auctions, hence less competition-prone.) Victor, You may be correct about the market's perception. I would dissagree with the market but learned not to do that last year. I will hold my remaining shares through the fall and see what happens. Thank you. Glenn