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

To: JayPC who wrote (32406)10/7/1999 6:30:00 PM
From: KailuaBoy  Read Replies (2) | Respond to of 41369
 
Jay,

I got it. So do you think that the existing shareholders of AOL are going to be happy with 4 billion new shares on the market?

KB



To: JayPC who wrote (32406)10/7/1999 9:28:00 PM
From: ChinuSFO  Respond to of 41369
 
Thanks Jay for clearing my point. You said it better than I did. Internet companies use shares as money. They would buy Excite with the extra shares authorized instead of floating it out in the market. So it is in our interest to drive the stock price high now so that the extra stocks authorized and which AOL will be holding will be worth more money. And if ATHM goes down the better.


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