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: Sam who wrote (3523)1/27/1999 1:47:00 PM
From: RetiredNow  Read Replies (3) | Respond to of 41369
 
Hey folks, one more thing:

I really think there will be another 2 for 1 split announcement right after earnings release.

I took a cursory look at their chart and it show that they had a 2 for 1 in 3/98 when the stock was trading near $160, then there was another 2 for 1 in 11/98 when the stock was trading near $160.

Therefore, I think we will get a 2-1 split announcement in the next couple of weeks, if not today.

Let me know if anyone agrees/disagrees with me!



To: Sam who wrote (3523)1/27/1999 2:56:00 PM
From: MaryinRed  Respond to of 41369
 
Well....I am surprised they did not hold and benefit from the run up.

Here's what I did...I took my 500 shares of ATHM (yesterday at 109) and sold them. Then I bought 555 shares of EXCIT @ $99.5.

Now...each Excit share will turn into 1.041902 shares of ATHM...
which means I now will have (pending the merge) 578 shares of ATHM instead of 500. (had to pay my MSDW commissions, but end of day...got 78 shares "for free"... the risk is if the deal does not go through...but holding XCIT would NOT be a bad thing..

Not a bad days work...laugh.... since I bought my ATHM at 45.....in October...for $22.5 and managed to manipulate the stuff into $70K.. (almost a 4 bagger!!) as of this afternoon!!

Now to intently wait for the AOL EPS and split announcement!

yummy....I enjoy all this! Mary



To: Sam who wrote (3523)1/27/1999 3:41:00 PM
From: Gaffa  Read Replies (1) | Respond to of 41369
 
... 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.


So where to use these extra cash now? broadband? e-commerce? more strategic investment? more floppies?

Here are the numbers I'll be looking for:
other revenue(how well they did in the last Xmas season), margin(will they move above 10%), usage numbers(how much of consumers' spare time AOL can capture), growth in unearned revenue.

When will Netscape announce their earnings? They'd better not give us a big oops...

don't be expecting huge surprise folks, AOL has been talking more about predictability than anything else. otherwise everything looking goooood...