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.

Non-Tech : Williams Companies, Inc. (WMB) -- Ignore unavailable to you. Want to Upgrade?

To: Stewart V. Nelson who wrote (6)	2/21/1998 1:44:00 AM
From: Dale Baker	Respond to of 271

Dow Jones Online News, Friday, February 20, 1998 at 14:52 NEW YORK -(Dow Jones)- Funds associated with noted investor George Soros bought 1.8 million shares of America Online Inc. during the fourth quarter, Federal Filings Business News reported Friday. Soros Fund Management bought the shares during a period when AOL was trading between $64 and $91 a share during the quarter, according to documents filed with the Securities & Exchange Commission, Federal Filings reported. Late Friday, America Online shares (AOL) were trading at $118.563, up 93.8 cents. Soros Fund Management also bought 2 million shares in Dow Jones & Co. (DJ); 3.5 million shares in Freddie Mac (FRE); 1.3 million shares in Lucent Technologies Inc. (LU); 455,000 shares in Walt Disney Co. (DIS);and 255,000 shares in Time Warner Inc. (TWX). It purchased 1,585,000 shares in Nextel Communications Inc. (NXTL); 750,000 shares in Telecomunicacoes Brasileiras S.A.; 370,000 shares in Telefonos de Mexico S.A. (TMX) and 382,200 shares in WorldCom Inc. (WCOM). The Soros fund also bought 1.3 million shares of Starwood Hotels & Resorts Trust (HOT); 670,000 shares in Crescent Real Estate Equities Co. (CEI); 429,100 shares in AMR Corp. (AMR); and 500,000 shares in Continental Airlines Inc. (CAIA). The fund bought 1 million shares of Sofamar/Danek Group Inc. (SDG); 3.2 million shares in Pharmacia & Upjohn (PNU) and 762,000 shares in Incyte Pharmaceuticals Inc. (INCY). Soros Fund Management also bought 1.3 million shares of Gap Inc. (GPS); 186,600 million shares of Payless ShoeSource Inc. (PSS); 1 million shares of Travelers Group Inc. (TRV); 1.7 million shares of Williams Cos. (WMB) and 1.5 million shares in Unicom Corp. (UCM).