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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: IceShark who wrote (13929)2/9/1998 4:42:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 18056
 
Dan, I was browsing the DBC headlines circa 12:20 this afternoon. I saw these two lines
12:11 [AOL] AMERICA ONLINE SAYS PRICE HIKE EFFECTIVE FOR APRIL BILLING PERIOD.
12:10 [AOL] AMERICA ONLINE INCREASES MONTHLY PRICE FOR UNLIMITED USE TO $21.95.

and wasted no time in placing the order for March 105's. I got some at 5 1/2 and some at 5 7/8 (two orders.) AOL CA closed at 10 1/2 bid, I believe. Yes, I was speculating on a stock split announcement also. But, if the stock is up to 115 or so by tomorrow, I will take my money and run.

-Mohan