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: Jim Croci who wrote (5302)	2/20/1999 2:35:00 PM
From: Glenn D. Rudolph	Respond to of 41369

AOL: ABN-AMRO made new estimate for quarter ending 09/99 of $0.26 on 02/17/99 AOL: ABN-AMRO made new estimate for quarter ending 12/99 of $0.30 on 02/17/99 AOL: PERSHING increased estimate for fiscal year ending 06/99 from $0.55 to $0.65 on 02/17/99 AOL: ABN-AMRO made new estimate for quarter ending 09/99 of $0.26 on 02/17/99 AOL: ABN-AMRO made new estimate for quarter ending 12/99 of $0.30 on 02/17/99 AOL: PERSHING increased estimate for fiscal year ending 06/99 from $0.55 to $0.65 on 02/17/99

To: Jim Croci who wrote (5302)	2/20/1999 2:40:00 PM
From: RocketMan	Read Replies (2) \| Respond to of 41369

Ouch, sorry about your netscape experience, Jim. Actually, I am surprised at the speculation over the aol split price, since there is no value added per se when a stock splits. Splits are nice for companies that are growing, because of the psychological aspect of having twice as many shares, and the ease of calculating appreciation by just counting the splits. But the split in itself does nothing to the underlying value, and for a company that is on the way down a split can be very bad, accelerating the downside momentum. I would be wary about the recently announced dell split, for example, not to say the company is going down, but if it does the split would hurt it. As far as the AOL split as long as they sustain the growth it should be very good, and it comes at a good time, just ahead of finishing the netscape acquisition and in time for the next quarter's earnings.