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

To: John Carragher who wrote (36766)	1/10/2000 8:30:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 41369

Sorry to disagree John. Going from Chairman AND CEO of the acquiring company (AOL) to merely Chairman of the Board of the new entity is a DEMOTION. Especially when you pay a 71% premium over the market price for TW. AOL shareholders got either got screwed on this deal, or they were thrown a lifeline by TW. But one thing is clear... Time Warner management obtained more than equal control of AOL properties and received a nice premium for the effort. But they have to sell this as an acquisition of TW by AOL because AOL has the coverage that TW lacks. If they can make it look sexy enough, AOL stock will be supported in a way that TW stock never could dream of. I think the market will figure this out and make the proper analysis. We'll see.... Regards, Ron

To: John Carragher who wrote (36766)	1/10/2000 8:44:00 AM
From: SAM	Read Replies (1) \| Respond to of 41369

I hope he is not a ceremonial chairman. CEO is the one who calls all the shots and runs the show. I am a little bit perturbed with the management line-up. I am wondering why this arrangement. The only thing I can think of is that this may be a temporary arrangement to get the deal and give some face saving to Time-Warner's Levine. I wouldn't be surprised if Levine retires after the Deal is consummated. But if Case is in the background, it is not a good news for AOL shareholders. Just IMHO. - SAM