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To: DAX KIMPO who wrote (16675)2/22/2000 2:24:00 PM
From: AmericanVoter  Respond to of 19700
 
** OT ** Steve Case did AOL longs royally ... twice I might add... the first was when he sold some 100M shares to buy an island and now the second time with the TWX deal ... do you think he cares ? is he ahead of it... ! meaning he saw that AOL's valuation will have to come down, so, he went ahead and grabbed the biggest company he could get and might benefit from... I really don't know... all I know is what I feel ... A LOT of PAIN ... A LOT...

and by the way, if he backs out of it, there is a penalty of 5B (if I remember correctly)... also, there was some speculation that if AOL drops any lower, it could become the target of a buyout... could that be his master plan...!

best regards
amein