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Technology Stocks : America On-Line: will it survive ...?
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To: Walter High who wrote (3138)5/16/1997 2:02:00 PM
From: Stingray   of 13594
 
> if the stock price falls below what you want to pay for it, you can always buy the put back at a loss

That's true, but it still doesn't completely limit your risk. I've seen a few tech stocks open 30% lower than their previous close this year after reporting news the market did not like, which does not
give you any chance to get out.
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