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Technology Stocks : America On-Line: will it survive ...?

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To: Brian Collins who wrote (1204)1/24/1997 1:39:00 PM
From: Joel Sternberg   of 13594
 
>To All: Back to discussing the money.

I hold FEB 37-1/2 PUTS from last week and wonder should I take the 50% gain today or hold out a
week (two or three?) and wait for 100-150% return?

All opinions welcome!<

Case was just on CNBC giving his spin. He did a credible job--i.e. he is a good speaker. Seems to have helped the stock a bit, too. I thought about closing out my puts as he was speaking, but the last time I tried to play short-term games (Netscape), I covered and never got a chance to get back in. Unless AOL breaks real big, I will try to exercise my puts in Feb. at expiration, pending availability of shares for shorting. This things should be played for the big win. If you like your profits, maybe you should sell some of your puts, and hold some.
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