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Technology Stocks : America On-Line (AOL)
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To: manohar kanuri who wrote (293)12/30/1998 12:30:00 PM
From: Steve Robinett  Read Replies (1) of 41369
 
Mano,
You say, You were/are right!

Thanks for the acknowledgment. The puts I bought yesterday afternoon thank you too.
BTW, I notice some people on this thread (not you) are using the paranoid theory of stock movement, i.e., that MMs are reducing the price to let their institutional friends in at a cheaper price. Hogwash. AOL is probably going down because institutional buying has dried up. The last day in 1998 to buy and have the transaction settle this year was a couple of days ago
Best,
--Steve
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