America On-Line: will it survive ...? Message Board

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

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To: Joel Sternberg who wrote (1289)	1/29/1997 9:13:00 PM
From: roger dixon	of 13594

This rabbit only bought them some more time. I don't see how it changes the fundamental situation at all. I still think AOL is going to tank, it will just take a little longer to do it. It wouldn't surprise me if Case has a few more rabbits in his hat. This is a desperate man who will promise anything to keep his dream alive. A lot of people believe him and their money is keeping AOL propped up. It could stay up through April. I am now looking at July puts. They are expensive compared to April but they may be much safer. Let me know your thoughts on the cost/benefit comparison of April/July AOL puts. Rog P.S. I am working my way through McMillan. Not fun, but thanks.

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