SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: steve lipson who wrote (3942)7/11/1997 11:59:00 AM
From: James F. Hopkins   of 13594
 
HI Steve; Maybe it's shame on me but I really got a good laugh out
of RE>> some major new upside development, such as a pending takeover offer or a $1 billion payment from Microsoft so it can put a banner
ad on every AOL screen.<< that cheered me up..ah but mindful of the
old saying thoes that laugh last laugh hardest..I will indeed keep
my eye on that that, "and" if I see that happen I will compleatly
surrender and consider myself the fool.
The one thing I may not have got across, is that I don't see AOL
falling to the floor any time soon, seems you may think I'm saying
her doom is around the next corner , but no..my position is in
Jan98..and I'm considering Jan99..the short term stuff I play is
on her up/downs and based more on profit taking when she hits
20 to 23% above her 50 day moving average, here latly the specialist
have run up the premiums on thoes options that I'm side lined on
the short term puts, keep in mind I have bought calls ( once ) but
I'm not above getting them and regret I was not fast enough when
she touched 53 not long ago.
My longer term out look is very negitive on AOL.."HOWEVER" I have my
eye on one thing and it worries me a lot..with the "pull" these
guys seem to have, and their ability to get out of tight spots,
and IMO rip off their customers, I wonder about them greasing the
right hands and getting a big government contract..that would save
their rear you know..and I have not ruled it out, but of course
if they managed it I would likly move to Cuba and live under Castro,
than to stay here, as a turn like that would convince me that there
is no hope for our system ever getting past the stage of selling Justice to the highest bidder.
Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext