Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: jack rand who wrote (6005)	11/17/1997 12:02:00 PM
From: PAL	Respond to of 13594

AOL float is over 70% owned by institutions... So, if an institutional broker badmouths AOL, it pisses off the institutional broker's clients. Brokers make money from transactions. Would not they be better off recommend active tradings on AOL instead of buy and hold? Remember Tom Kurlak who recommended INTC and MU then two weeks he later downgraded those two stocks? We know that the brokerage firms are expecting juicy underwriting fees from AOL, but how much can they earn as compared to money earned from institutions by continually flipping AOL stocks? Good Luck. PAL