Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: MeDroogies who wrote (18468)	4/27/2002 12:42:04 AM
From: TobagoJack	Read Replies (1) of 74559

Hi MeDroogies, <<My estimate is AOL will hit 40 in 8-12 months>> I am prepared to buy AOL at some point closer to 13 (after collecting 2 from put premium), then again at 9 (after collecting 1 from put option premium), and I do not care or mind where it goes after that, given it is a real company with real earnings and a manageable balance sheet. Either wild inflation or tepid business pickup or pervasive broadband rollout will save the ship, unless they start selling their goodies (cable, internet, etc) as T did, and return to roots. Chugs, Jay P.S. to Maurice, you were right that eventually cash will have to be deployed on equity hill, bond mountain and real estate valley, but the detail is ‘at what price level’?

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