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

To: robert duke who wrote (1148)	1/3/1999 11:10:00 PM
From: Pat Lombardo	Read Replies (2) \| Respond to of 41369

Ok what I mean by this.... Lets say Netscape has 60 million shares outstanding.... Now after the merger is done Netscape stock goes away... .45 shares of AOL stock is distributed.... So to round off using .50 that will put an additional 30 million shares of AOL stock out on the market.... So If AOL currently has a total of 100 million shares now they have to add additional 30 Million from Netscape deal and this will put 130 million shares of AOL stock in the float. Now I dont know exactly how many shares are in the float for AOL so I just used rounded Numbers... So if you add a split here it doubles the shares outstanding for AOL in the float.. With all the splits AOL has had in the past 5 years I bet 100 million total shares as my example is way off.... So point is how can they increase with a split the shares in the float and pay 4 Billion for NETSCAPE???? This is the point I am making.... When a Company is BUYING another company I have never seen a STOCK split occur during or even after... If you know of a Company It would suprise me... It would blow me away thats for sure... I hope this helps especially to all with a theory that AOL will split NO way No how.... Unless they turn down The Netsape Deal I would say there is a chance...

To: robert duke who wrote (1148)	1/3/1999 11:23:00 PM
From: Pat Lombardo	Read Replies (2) \| Respond to of 41369

Ok Here Are the Accurate numbers.... AOL has a Total outstanding share balance of over 458 MILLION ..These are shares in the Float.Netscape has a Total of 99 Million shares outstanding.... After the Merger AOL will have an approximate 500 Million shares in the float. With people mentioning SPLITS ( even if its the basic 2-1) That would put AOL having over 1 Billion shares Outstanding. I have not heard of company Buybacks on AOL to decrease the Float on AOL.... So how people can see a Split like I said NEVER have you heard of a Company Splitting after or even before putting up 4.5 billion dollars..... I will BITE MY HAT if this happens But again NO WAY no HOW only if Netscape Deal falls through there is a slight possibility. BTW I own 1000 shares of Netscape at 22.00 I also Own 100 shares of AOL at 79.00 after the last split. So I cant see a SPLIT anytime this year or early next year.