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

To: 1SFG who wrote (1325)	1/4/1999 3:30:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 41369

I doubt he is wrong John. Voltaire

To: 1SFG who wrote (1325)	1/4/1999 3:37:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 41369

John, all I'm saying is that it is a non-issue. There are sufficient shares to complete the deal. Treasury shares are irrelevant. If AOL needs to issue around 47 MM shares it has sufficient unissued shares for that purpose. BTW, a company never "holds" its own shares. When it repurchases shares they are "retired" to treasury. That does not mean they are cancelled, and that has no effect on the number of share authorized. It simply decreases the number of shares issued. TTFN, CTC