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Technology Stocks : America On-Line: will it survive ...?
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To: S. maltophilia who wrote (9774)5/6/1998 3:13:00 AM
From: PAL  Read Replies (2) of 13594
 
Khalil: Premium on ENMD out is high due the the high volatility of the stock: up over 300% one day, down around 17% the next. I am not afraid to buy May 40 put because the stock can come back in the teens in a matter of days. On the other hand, nobody can even remotely guess when that day of reckoning will arrive for AOL. People have been saying that the stock is overvalued for more than a year. Look at the chart.
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