Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (18493)	4/27/2002 10:55:28 AM
From: MeDroogies	Read Replies (1) of 74559

Interesting. I am thinking the bottom for AOL is about 15, but I can see 12. How far out are you playing those puts? AOL's chart is abysmal. Of course, I look at it a few different ways. If AOL were priced like YHOO (which I CAN'T see surviving on its own), it would be at 100-120. If it were priced like the rest of its industry, it would be at 35. The AOL business is very real, and it is being punished due to its problems in Ad revenues. This won't last forever, and it has huge assets in several blockbuster movie properties (Harry Potter/LOTR). Still, it has horrible management.

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