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

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To: Leo J. Capobianco, DO who wrote (1256)1/28/1997 9:53:00 AM
From: Option Player   of 13594
 
Leo,

> when is a good time to bail out in
> your opinion. worth 3 and change now

That's a tough call.
Did you have a goal when you bought them, say, "I want to double my
investment". Always have a goal when you get into options.

Having said that....
As long as the overall market is doing poorly, I'd hang with 'em.
Nothing like holding puts in a crummy stock....in a crummy market.

But, now with the market moving strongly back up this morning,
sticking to your goals is very important. It all depends on how
AOL reacts - will the shorts start taking their profits?

Remember....

"Bulls make money. Bears make money. Pigs get slaughtered"

Good luck!

- op
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