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

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To: Brent D. Beal who wrote (5931)11/13/1997 9:40:00 PM
From: Yikes  Read Replies (1) of 13594
 
AOL Price Movement Next Week (Part 2)

The "Cover$" column calculates the collective cover cost to option writers should they choose to cover instead of being called. The minimum collective cost is $75 per AOL share at $3.72M. Currently at $68 1/2, the cost is $10.19M. I believe the stock will take an upturn tomorrow or early next week to almost $75, then perhaps a bit higher riding the coat tail of tech stocks (COMDEX will put a good light on tech stocks and take them higher). But after next week, I expect another push to $85+. I am going to buy some Jan 85c tomorrow in preparation to short AOL again when it reaches 80's.

Yikes
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