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: Brian Malloy who wrote (2657)	1/15/1999 12:56:00 AM
From: MD Bryant	Read Replies (1) \| Respond to of 41369

Thanks for all of the replies gentlemen. Benjamin is certainly a respected analyst (to the person who pulled a piece of his quote.. Brian --> $200's? Do you think 200 is achieveable given the recent charge on the stock? AOL has nothing but buy and strong buy ratings.. you could very well be right about $200

To: Brian Malloy who wrote (2657)	1/15/1999 10:49:00 AM
From: Tunica Albuginea	Read Replies (3) \| Respond to of 41369

Brian Malloy, totally agree with AOL outlook. Markets booming out today. Here is my take; Markets will boom out nest Tues. Brazil coming under control. The President will be removed from office by the Democrat Senators' complicity because the evidence will be historically overwhelming and they will not be able to vote against their conscience. This will happen even as the markets boom to new highs. The reason is that the omniscient markets KNOW that none of this is Bill Clinton's doing. This boom had ZERO to do with him. The boom is simply the result of -lower taxes -lower government growth -both of these initiated by Reagan, continued by Republicans -it was done under mighty protest by Democrats and Clinton -the Clinton trial is a godsend because it will paralyze further the Government. -this is exactly what we want: we want uncle Sam to do nothing and stay out of it and let us, ( AOL ),run the economy. -all we want uncle Sam is to go on a diet on their spending; their spending INCREASE has NEVER stopped. Only the RATE of increase has slowed, TA

To: Brian Malloy who wrote (2657)	1/15/1999 12:04:00 PM
From: Tunica Albuginea	Respond to of 41369

Brian,from WSJ today: DOJ and AOL/NSCP deal:Any comments? TA Regulators Seek Information On AOL-Netscape Merger By PAUL M. SHERER and KARA SWISHER Staff Reporters of THE WALL STREET JOURNAL Jan 15, 1999 The Justice Department's antitrust division has requested additional information about the planned $6.5 billion merger of America Online Inc. and Netscape Communications Corp., according to people familiar with the situation. The action, a request for more information under the Hart-Scott-Rodino antitrust act, doesn't mean it will attempt to block or modify the deal, but it does indicate heightened scrutiny. The government is expected to study how the deal might affect competition in the market for Internet software and online services. The request comes as the government pursues its antitrust case against Microsoft Corp. Its executives have criticized the government for failing to challenge AOL's earlier acquisitions of online-service competitors such as CompuServe and Mirabilis. And U.S. District Judge Thomas Penfield Jackson, who is overseeing the Microsoft antitrust case, last month said the AOL-Netscape deal "might be a very significant change in the playing field as far as this industry is concerned." Only in a small percentage of deals does the government ask for additional information, notes Victor Lewkow, a partner at law firm Cleary, Gottlieb, Steen & Hamilton. However, observers say that given the government's antitrust action against Microsoft, and the fact that this is the highest-profile deal so far in the Internet arena, its scrutiny isn't surprising. Under the Hart-Scott-Rodino act of 1976, all mergers must be submitted to the Federal Trade Commission and the antitrust division of the Department of Justice for review before they are completed. If the government doesn't ask for additional information within 30 days of the filing, the merger may proceed. If the government does request more information, federal regulators have 20 days after the second filing to try to block the deal. AOL and Netscape officials Thursday declined to comment, as did a Department of Justice spokeswoman. Under terms of the deal announced Nov. 24, each share of Netscape would be exchanged for 0.45 shares of AOL, valuing the deal at about $4.3 billion at that time. AOL shares have since soared; at Thursday's close, the deal is valued at $6.5 billion. Netscape executive Barry Ariko was quoted earlier this week as saying the deal is expected to close by April.