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Technology Stocks : America On-Line: will it survive ...?

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To: steve lipson who wrote (5362)10/30/1997 6:11:00 PM
From: IKM   of 13594
 
<<If it can deliver numbers>>

BTW, Steve, do you have very good cause to believe that it will, or are you just hoping? Betting on the come will get you burnt more often than not. I hope for your sake you are betting with calls, so that your losses are limited if you are wrong. I'm betting with puts, which are a big ouch if I'm wrong, but at least it won't be catastrophic. This market still has some big moves left in it, though not necessarily in a single day. I'm betting more will be down than up.
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