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

To: Annette who wrote (37227)	1/11/2000 2:18:00 PM
From: Big Dog	Read Replies (1) \| Respond to of 41369

"Steve Case saved all his pennies just to get Austin." Actually, Steve Case merged AOL for estate planning purposes. I think that he's 40 years old or so. He thought to himself: "Is it likely AOL can maintain the 'valuation standard given to internets' over the next 25 years?" He reached the conclusion: "No." So, he used the high valuation given to AOL as currency for a top-notch company that will grow steadily for the next 25 years. While there will be volatility for the next year or so, AOL will remain a first-class company for the rest of our lives with this merger.