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

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To: Kerry Phineas who wrote (9048)3/25/1998 8:11:00 PM
From: Glenn D. Rudolph   of 13594
 
I'm taking the logic that the stock will fall by April expiration, and that the
momentum will take it from there. Anything new I buy, though, is going to be July, out
of the money.


I thought of buying puts but they are rich as you know. The First Call analysts comments are still bullish on this stock. I am not referring to the earnings but most are setting a price target close to the mid 70s. I do not understand their agenda. I do not see how one could value AOL that high at this point in time.

Glenn
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