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

To: Jack T. Pearson who wrote (12998)	12/23/1998 6:23:00 PM
From: Larry S.	Read Replies (1) \| Respond to of 13594

jack,i am not aware that mutual fund families can swap stock between funds. i think index funds will have to purchase shares of AOL for their portfolios. other funds in the family may well own aol, but that would be an independent decision to sell those shares. larry

To: Jack T. Pearson who wrote (12998)	12/23/1998 6:27:00 PM
From: RocketMan	Respond to of 13594

Fund families can not transfer stock between funds. Each fund manager is responsible to his investor for his fund's performance and holdings. He might decide to dump AOL for some reason, but not because another fund in the family needs to add it. That would have class action suit written all over it.