America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: James F. Hopkins who wrote (3802)	7/2/1997 7:48:00 PM
From: yard_man	of 13594

BAANF doesn't have a history of crashing, but the sector does. The price is very high, also. Not looking for a crash, just a 4 or 5 pt. retrace will make me 50 - 100% I think. There've been very few pullbacks and that's the point. Puts I bought looked very cheap to me. Stupendous rise lately with revenues flat quarter-to-quarter last two quarters. Not a lot of analysis to back me up I guess. I'll let you know what happens.

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