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

To: HiSpeed who wrote (10509)	6/30/1998 10:46:00 AM
From: Sam	Respond to of 13594

...The Dulles, Virginia-based company will use the proceeds of the offering to strengthen its balance sheet and enhance its financial flexibility, the spokeswoman said. While increasing the number of shares available typically lessens the value of existing stock in terms of earnings per share, Primrose said AOL thought the new share offering would have no such impact. Primrose said the proceeds would be placed in interest-bearing investments that are expected to offset the otherwise dilutive effect of issuing shares.... S.