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Technology Stocks : America On-Line: will it survive ...?
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To: Pikewest who wrote (4186)7/28/1997 10:43:00 PM
From: bobby beara   of 13594
 
I use AOL and have an internet provider also. I like AOL and recommend it to friends, but still don't understand why a company in a risky technology business can triple it's market cap in less than a year while still bleeding red ink. This seems like hype & hoopla to me, not a stock price based on real valuation.

I bought puts on this when it was above 70. Can anyone tell me why this was a bad idea?

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