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


To: Glenn D. Rudolph who wrote (9320)4/4/1998 2:18:00 PM
From: j g cordes  Read Replies (2) | Respond to of 13594
 
The Smart Money is selling AOL "April 4 (Reuters) - German media giant Bertelsmann AG (BTGGg.F) has sold a fourth of its stake in America Online Inc (AOL - news) and plans to use the proceeds to build up online services in Europe and Australia, the Frankfurter Allgemeine Zeitung reported on Saturday."

Odd too, the conincidence of phoney and toothless upgrades by brokerage houses... I'll bet they're selling their shares into these upgrades leaving the public investor holding the bag.

Jim