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: ratan lal who wrote (12974)	12/23/1998 1:14:00 PM
From: Joe S Pack	Respond to of 13594

Ratan, I think it will depend on several factors. AOL will have influence on its basis point weightage minus the basis point weightage of the company that it replaces, its price on that day, already entered hedge positions on SP 500 index etc. But everything depends on the market mood which at this point is highly valued (PE of 30+). All the best. -Nat

To: ratan lal who wrote (12974)	12/23/1998 6:17:00 PM
From: Jack T. Pearson	Read Replies (4) \| Respond to of 13594

AOLs addition to the SP500 may not have much immediate impact. Many of the mutual fund companies have dozens or hundreds of funds and may simply move the stock from one type of fund (Aggressive growth, technology, etc.) into their index fund without really impacting the market. I don't think they have to go through the market, but if they do, they can just put in parallel stop orders for large blocks at the same price and stipulate that it must be sold/bought as a block. Comments anyone? Jack