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

To: Frank Ellis Morris who wrote (13049)	12/24/1998 9:05:00 AM
From: John Carragher	Respond to of 13594

wsj heard on the street one note Even though AOL's stock price already had risen more than sixfold this year, a spot in the S&P 500 will likely lead to even more demand for the shares. According to a study put out by Merrill Lynch equity-derivatives analysts Diane Garnick, Steve Kim and Silvio Lotufo, new demand for about $2.9 billion worth of AOL stock, or 21 million shares, will appear because of its placement in the index. That is equal to about 5% of AOL's shares outstanding.