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Technology Stocks : America On-Line: will it survive ...?
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To: Ramsey Su who wrote (1565)2/7/1997 9:47:00 AM
From: (Bob) Zumbrunnen   of 13594
 
I was eyeing the April35 puts the past few days and could've gotten them for right at $3 at one point. Didn't pull the trigger (I no longer underestimate Case's awesome abilities), but am curious to see what they'll be worth.

I've got April20 puts and will most likely pull the trigger on them today. No idea what they'll be worth, but on most of my portfolio, I take profits and losses pretty quickly. Profit is profit.

FWIW, I expect to buy some July puts (don't know which strike price I'll go for yet), but also plan to buy calls further out when they become available (at fairly low strike prices).

I see AOL hasn't opened yet. Should be a very interesting day.
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