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Technology Stocks : America On-Line: will it survive ...?
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To: James F. Hopkins who wrote (3533)6/22/1997 11:39:00 PM
From: chenys   of 13594
 
Jim: I'd rather buy options of high premium as long as the timing is good becasue the chance for u to be right at least for one time is much better. A cheap option gets nowhere. The point is that u might have bot in a week or two back for cheaper, but at that time the technical aspect was too murky and the risk was thus higher. It is like SUNW (Sun Micro), noboday wanted it below 35, but more are willing to buy in at 36. That baby is going to run in the next 6-12 month. But anyhow, I feel the time is good for a move on AOL, the only risk is now maybe CSRV will come and buy it out! (??) Let me sleep over it, literally, for a few more hours. What other trick has AOL not played yet and what is that I should be warned of? Thanks for ur post. I believe we are seeing the similar thing.
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