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Technology Stocks : America On-Line (AOL)

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To: Craig A who wrote (30770)9/15/1999 5:21:00 PM
From: Steve Robinett  Read Replies (1) of 41369
 
Craig,
As you probably know from some of my posts, I trade AOL options, not the stock. I consider the stock disconnected from fundamentals so I don't own it long. At the same time, I think AOL has too much potential as a company to short the stock--but options, those are do-able sometimes, if we can get a little volume and volatility. That too has dropped off.
That's the first part of my answer. The second part comes from Milton Freedman, the economist, who is always getting asked such questions. He always says "You're better at deciding what you should do with you're money than I am."
Best,
--Steve
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