SI
SI
discoversearch

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: im a survivor who wrote (3521)1/27/1999 1:39:00 PM
From: Sam  Read Replies (3) | Respond to of 41369
 
I'm sure this board will be jumping come tonight :) Ran across this little tidbit of news here - fnews.yahoo.com

... AOL sold more than 4.9 million Excite shares for nearly half a billion dollars, according to AOL spokeswoman Tricia Primrose. That half-billion is almost pure profit, since AOL valued that investment, along with some other holdings, at a cost basis of $32 million in an SEC filing last year.

Damn, and I thought I was making a killing in this market!

S.



To: im a survivor who wrote (3521)1/27/1999 4:10:00 PM
From: larry  Read Replies (3) | Respond to of 41369
 
I sure hope that you are right. But if your dream is about to come true, Wall Street still needs to value AOL at about 2.5 trillion in five years. That will give AOL a market value of much more than the sum of 30 DOW components' current value. Can it happen? Common sense says that it won't. However, it just seems that this world is so crazy that anything can happen.

good luck,
larry!


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News