Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Out_of_the_Trap who wrote (1484)	1/5/1999 11:07:00 AM
From: robert duke	Respond to of 41369

but will it be a 3-1 split. I don't care if they do or dont. But If they don't the stock will hit 300 by xmas in 99. If they do have a 3-1 split the stock will hit 100 after the split.

To: Out_of_the_Trap who wrote (1484)	1/5/1999 1:52:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 41369

Phillip, unless I'm mistaken, AOL has only 600MM shares authorized and around 518MM issued (data from the last 10-Q adjusted for the split which does not affect authorized shares if the split is accounted for as a "stock dividend"). If I'm correct, this means that there can be no split unless the company increases the number of shares authorized. TTFN, CTC

To: Out_of_the_Trap who wrote (1484)	1/5/1999 4:55:00 PM
From: BomboochaBoy	Read Replies (3) \| Respond to of 41369

>> AOL is a strong split candidate despite the fact that they just split in November. << If AOL: 1. actually has authority over "1.8 billion shares" 2. does not have that amount but gains shareholder approval anyway and 3. executes a 3:1 split this month Can anyone recall another company that did two splits in the space of less than four months? I have my doubts about the rumor, especially when the info comes from a newsletter. I would like to see AOL appreciate at a consistent speed and not get jerked around by rumors, which benefit only daytraders and short-termers. However, I am curious. :-) Paul