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


To: slipnsip who wrote (10501)6/30/1998 3:43:00 AM
From: zalesky  Read Replies (1) | Respond to of 13594
 
To all: This 500 million dollar share redemption deal is exactly
that folks-a fantastic opportunity to load up on more AOL.
With the internet expanding with the explosion of sub-1000
machines AOL is probably similar to where Dell was a few
years ago. Sure the P.E. is stellar but the future for this
internet behemoth is just as bright. With splits being announced
in this sector recently I wouldn't be surprised to hear a similar
chant from this money maker SOON!!! LETS MAKE SOME
BIG $$$$ IN THIS BEHEMOTH!!!!!



To: slipnsip who wrote (10501)6/30/1998 11:35:00 AM
From: Tim Kenney  Read Replies (1) | Respond to of 13594
 
>The question is, who bot the shares???<

It is probably like the convert deal. An investment banking syndicate "bought" the deal paying AOL some unspecified price, and is distributing it. Last time, Goldman Sachs led the offering. Any other method of distribution would be sure to tank the stock.