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

To: FDHIII who wrote (7899)2/15/1998 12:17:00 AM
From: Pancho Villa  Respond to of 13594
 
>.What moron (Steve Case)in their right mind owning that much stock would sell before the announcement of a split??? Only at AOL....<<

People holding strictly for split reasons may be surprises. Price gains following split are traceable to past and future good fundamental. That is, good fundamentals lead to earnings which lead to price gains which lead to splits, not hte other way around. The split itself is irrelevant.

Pancho



To: FDHIII who wrote (7899)2/15/1998 11:46:00 AM
From: Larry J.  Respond to of 13594
 
<<What moron (Steve Case)in their right mind owning that much stock would sell before the announcement of a split???>>

Officers are usually bound by very srict windows in which they can sell stock. Usually the period directly prior to earnings is restricted and so Case probably did not have a choice in the matter.

Larry


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