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Technology Stocks : America On-Line: will it survive ...?
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To: PAL who wrote (9771)5/6/1998 1:34:00 AM
From: S. maltophilia  Read Replies (1) of 13594
 
PAL
Did you see the premiums on ENMD puts? Almost would rather write the puts, regardless of what I thought the stock would do.

AOL's stock's fall is only a matter of time. I would stay away from the near term puts, however--with all the hype it may be too much time. A few leaps in it and some of the other internet tulips seems like the way to go. Some will expire worthless barring a major crash but there is no way all these companies will succeed to the extent of justifying their valuations. How many search engines do you use, and how much money have you spent there<g>?
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