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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (6995)	3/18/1999 10:30:00 AM
From: Jim Lamb	Respond to of 41369

AOL/Netscape, Forms Larger Chunk Of S&P 500 NEW YORK (Reuters) - High-flying Internet services provider America Online Inc. (NYSE:AOL - news), comprises a larger chunk of the Standard & Poor's 500 Index following its $10 billion acquisition of Netscape Communications Corp. Elliott Shurgin, vice president of operations for S&P, said America Online stock will represent 1.04 percent of the S&P 500, an index that weights components according to relative market capitalizations, up from its previous 0.94 percent. America Online was only named to the S&P 500 in late December, but a surge in its share price, and total market capitalization, since then has bolstered its relative impact on the widely-watched stock market index. Netscape shareholders voted to approve the deal Wednesday and AOL subsequently announced it had completed the merger. Earlier Stories AOL Completes Acquisition Of Netscape (March 18)