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.

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

To: PAL who wrote (8401)	3/3/1998 12:02:00 AM
From: PAL	Respond to of 13594

The following news is courtesy of John Shaffer. Thanks John. To: PAL From: John Shaffer Monday, Mar 2 1998 11:35PM EST Please post this (I don't have an account here). Maybe this will cause the tug of war you are talking about to end. FEDERAL FILINGS 17:49 America Online CEO Registers 500,000 Common Shares ISSUER: AMERICA ONLINE INC. SYMBOL: AOL WASHINGTON (FFBN) -- America Online Inc. chief executive officer Stephen Case has registered to sell 500,000 shares of common stock, according to a Form 144 recently released by the Securities and Exchange Commission. A Form 144 is filed to register an intention to sell restricted stock. The filing of a Form 144 opens the door for an individual to sell the shares but does not definitively indicate that an actual sale of the shares will occur or has occurred. The registration papers indicate that Case intended to sell the shares on the New York Stock Exchange on Feb. 25, 1998. BT Alex. Brown was listed as the broker for the sale. The company announced 1998 fiscal second quarter net income of 17 cents per share on Feb. 10, 1998 compared with 1997 fiscal second quarter net loss of $1.37/share. America Online shares closed today at 117 3/4, down 3 3/8. America Online is a leader in branded interactive services and content. /FEDERAL FILINGS CONTACTS: (202) 393-7856 FOR EDITORIAL, (800) 487-6162 FOR DOCUMENT SALES, (202) 628-8990 FOR NEWSWIRE SALES, (888) FED-FILE FOR TECHNICAL SUPPORT, & fedfil.com // (END) FEDERAL FILINGS-DOW JONES NEWS 03-02-98 17:49 Watch what AOL will be doing this week. Should today's decline be repeated, April 100 put will be in the money soon. Good Luck to all PAL