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


To: ALTERN8 who wrote (37314)1/11/2000 7:00:00 PM
From: Big Dog  Read Replies (2) | Respond to of 41369
 
"Thomas noted the transaction does not provide a ``collar' to provide for Time Warner shareholders to get more shares if the price of AOL drops. Without the collar, frequently used in stock deals, Time Warner shares were moving more or less in tandem with those of AOL."

This is significant. The deal may fall apart. TWX shareholders will not support the deal if AOL drops precipitously.