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Technology Stocks : America On-Line (AOL)
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To: Tom Tallant who wrote (29670)8/20/1999 2:23:00 PM
From: Dr. David Gleitman  Read Replies (2) of 41369
 
Perhaps you may want to go with the flow. I sold covered calls for the august 100's and 105's. Not that I am down on AOL, if anything I think that this stock is looking for an excuse to shoot up. Look at the options chart, this can give you some indication asa to where the stock is heading. It will probably close at around 95. With hindsight, I wish that I would have sold the August 95's instead. I would like to see it hit 175 before the end of the year.

Best of luck to all,

David
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