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

To: Sam who wrote (6759)	1/9/1998 12:57:00 PM
From: yard_man	Read Replies (1) \| Respond to of 13594

Could you point me to the specific SEC documents. Are you looking at shares authorized, etc.? What? thanks in advance

To: Sam who wrote (6759)	1/9/1998 2:21:00 PM
From: Harry Larson	Respond to of 13594

Here's what AOL underwriter sez about split 01/08/98 AOL Share Request Could Lead to Stock Split (Bloomberg) ''In the past they have split the stock once it got up in the 80s and 90s,'' said Shaun Andrikopoulos, an analyst at the New York-based brokerage BT Alex Brown. The price ''is more of a perception issue than anything, but it does help small investors buy more shares,'' Andrikopoulos said. Which in turn gives institutional traders more sheep to shear. Think about that vis a vis the AOL trading patterns we have come to know. Who does AOL care about more, the retail investor or the institutions that now and will post-split hold 70% of the float and the investment firms who do their trades and reco the stock.