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


To: Sam who wrote (8416)3/3/1998 11:23:00 AM
From: Hawk  Respond to of 13594
 
Buy the dip <g>

H.



To: Sam who wrote (8416)3/3/1998 11:57:00 AM
From: Harry Larson  Read Replies (3) | Respond to of 13594
 
>Or maybe he would rather exercise his options vs. having them
>expire worthless per his option grant....

What are your facts/source supporting that assertion?
AOL's proxy shows no such detail for SC's options, but does show
that options have 10 year exercise period and:

*Average*
*Remaining* Wghtd Number Wghtd-
Number *Contractual* Average Exercisable Average
Range of Outstanding *Life* Exercise as of Exercise
Exercise as (in Years) Price 6/30/97 Price
Price of 6/30/97
$ 0.01 to $ 6.71 5,303,305 5.2 $ 2.88 4,619,027 $ 2.74
$ 6.87 to $ 7.62 6,146,528 7.1 $ 7.17 2,272,489 $ 7.13
$ 7.65 to $17.25 5,517,845 7.6 $14.12 2,049,418 $13.91
$17.37 to $26.25 5,612,686 8.4 $21.75 1,042,612 $18.90
$26.88 to $42.75 4,784,250 9.1 $30.88 471,366 $33.67
$43.25 to $70.00 1,311,946 9.1 $50.96 229,241 $48.32
$ 0.01 to $70.00 28,676,560 7.5 $16.53 10,684,153 $ 9.74



To: Sam who wrote (8416)3/3/1998 6:23:00 PM
From: J.S.  Read Replies (1) | Respond to of 13594
 
Huh Sam,

You of all people are predicting AOL will go below 100 or maybe even
70 and saying that Steve Case also thinks that his options might
expire worthless! I'm shocked.

Also, Case does not have to sell the stock he gets from exercising
the options. He has registered to sell hasn't he?

joe