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


To: Hawk who wrote (7256)2/9/1998 6:48:00 PM
From: Jeff Mills  Read Replies (1) | Respond to of 13594
 
Hawk,

They cant do an 3-for-1 because they dont have enough authorized shares to cover this. Unless of course they have authroized more shares recently--which is entirely possible.

JM



To: Hawk who wrote (7256)2/9/1998 7:06:00 PM
From: Pancho Villa  Respond to of 13594
 
>>For what its worth, my broker told me that
AOL is going to declare a 3 for 1 split tomorrow. Will
find out. If its true this stock won't stop until 150,
regardless of earnings<<

Thanks for the advice, it may continue to run up. IMO are not short already, I would probably stay out. Some people would claim this is not relevant to the decision. In my case, it is probably that I am not overly concerned about the effect of the split. I have been hearing about the split since my previous short at 991/2.

Pancho