SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pancho Villa who wrote (8064)2/21/1998 11:49:00 AM
From: Hawk  Read Replies (1) of 13594
 
PV

I'm short in the 70's like you, I've sold some out of the money puts for lunch money. I never go out further than the next options cycle. If I see this sucker turn I will buy them back.
In the meantime I get something. And my basis of my short is slowly increasing.

By the way I read your very good post on the 10Q & k. My feeling is that their margins are going to get squeezed even with the rate increase as users time on line increases. Additionally, there is
a ceiling on revenues that can be achieved from advertising. You can only put so many adds on one page. Deals like intuit buy them time because they incorrectly account for their revenues as if it were
a one shot deal instead of amortizing them over the life of the contract. I have faith it will catch up with them(hopefully soner then later).

H.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News