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: Labrador who wrote (1972)	1/8/1999 9:32:00 AM
From: Annette	Read Replies (3) \| Respond to of 41369

What do you mean "common folk"? Did the index funds buy all of their shares already? I guess we can just stand here and look at AOL, passed out on the floor ,drunk.....someone brew some coffee!!!!! Annette

To: Labrador who wrote (1972)	1/8/1999 2:00:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 41369

Labrador, you said One problem with the stock at $150 is that the common folk don't want to buy shares at this level; a 2-for-1 split bringing the price under $100 will bring more individual investors into the market place. Not everyone has $15,000 for 100 shares. The split permits the purchase of 100 shares at a price under $10,000. Actually, this chestnut is totally untrue. Just take a look at the P/E of BRK.A, and you will not see a difference from it lower priced peers. Also, there is no longer a price advantage in buying round lots. Finally, the vast bulk of AOL shares is held by institutions, and they are insensitive to the absolute price per share. Splits are irrelevant. TTFN, CTC