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


To: Jorge who wrote (1171)1/3/1999 11:33:00 PM
From: Pat Lombardo  Read Replies (2) | Respond to of 41369
 
Point again and I am not BASHING
AOL or NETSCAPE I own Both...
Is You name me a Company after announcing
a Deal that announced a split after the
announcement.... If they are laying out
4.5 Billion dollars. Then look and see what will the P/E
Be ???? Look at the P/E for AOL right now...

But set aside P/E I worked in the reorganization Dept
for years, I follow stocks and I trade heavy in Techs
It has never been done where a Company will Split knowing
they will be putting up 4.5 Billion dollars....

Chart a company like ASCEND look at all the splits they had
and then they paid a nice dollar for Cascade Communications.
The splits stopped , Ascend went down , and its now re-couping
after 2 years after the buyout of Cascade....