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

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To: steve lipson who wrote (4660)9/2/1997 5:04:00 PM
From: Brent D. Beal   of 13594
 
Didn't think I'd be back so soon. I thought AOL might drift up a couple of points with the market over the short-term, so I was prepared to wait at least a few days before jumping back into some puts. Even I wasn't prepared for the degree of "bigger idiot" buying in this stock today. By noon the Sept65 puts were just too tempting to resist. Hey, who can resist free money? This is just too easy. I'd personally like to thank all the chumps that drove the stock price up today--I have to give you some credit for the money I'm going to make between now and 19th.
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