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


To: im a survivor who wrote (41215)7/25/2002 10:18:45 AM
From: Dr. Id  Read Replies (2) | Respond to of 41369
 


I would think it finds solid support at $5, and probably higher....I would be surprised if it hit $5, but think that would be the low...JMO.....Others??


Depends on the SEC investigation...if there are WCOM-Enron-like accounting "irregularities", it could go to nothing.

Were Bush or Cheney ever on the AOL board?
If so, we're f#cked! :)



To: im a survivor who wrote (41215)7/25/2002 10:19:55 AM
From: Rob C.  Read Replies (2) | Respond to of 41369
 
I think that we are going to see a rally in AOL in the next few weeks, I feel that today will be the low. Is Time Warner worth $10 without AOL? Is AOL worthless?

The combined companies should have a higher value than the market is giving right now and the SEC probe has already been addressed.

Regards,

Rob



To: im a survivor who wrote (41215)7/25/2002 10:22:14 AM
From: shag007  Respond to of 41369
 
Monday July 8, 9:03 pm Eastern Time
AOL Time Warner Secures $10 Billion Bank Credit Facilities

biz.yahoo.com

<<However, they don't contain any ratings-based defaults or covenants, nor do they have an ongoing covenant or representation specifically relating to a material adverse change in the company's financial condition or operational results.>>

However, Wall Street will do what it wants to do!

Thursday July 25, 9:57 am Eastern Time
Reuters Company News
US Corp Bonds - AOL hit hard, other bonds gain

biz.yahoo.com

<<One company whose bonds are still heading south is AOL Time Warner Inc. (NYSE:AOL - News). The world's largest media company said on Wednesday the U.S. Securities and Exchange Commission has opened an inquiry into accounting practices of its online division. It also reported its first quarterly net profit since completing its $106.2 billion merger in January 2001.>>