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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (740)1/1/1999 4:16:00 PM
From: Millionairess  Read Replies (1) | Respond to of 41369
 
fri: aol relatively flat all day THEN upsurge?

anyone know/have any theories on what happened - i'm curious!

thanx in advance for any views, m



To: LindyBill who wrote (740)1/1/1999 6:19:00 PM
From: James Fulop  Read Replies (1) | Respond to of 41369
 
"Any thoughts on what one should do with NSCP Shares?
The arbitrage boys will keep it close as it gets to be time to exchange. If I owned them,
I would get out and either put it in AOL or something totally separate. Why mess
around with it when you know exactly what it is going to be worth? "
Correct me if I am wrong, but selling would be a taxable event (unless you are in a non-taxable account) but the conversion to AOL shares will not be. This is what I intend to do as I am bullish on AOL and hate paying Uncle prematurely. Regards



To: LindyBill who wrote (740)1/1/1999 7:17:00 PM
From: 1SFG  Read Replies (1) | Respond to of 41369
 
<Why mess around with it when you know exactly what it is going to be worth?>

That is exactly why you SHOULD mess around with NSCP--you do the know the value and it is trading at a discount to it's 45% per share of AOL worth. On Wednesday's close that was an 8% discount and right now that is a 15% discount (doubt that will hold up though). However, if the deal falls apart NSCP will be about 25-30% of it's current price--that is, maybe, why you shouldn't fool with it.