America On-Line: will it survive ...? Message Board

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

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To: James F. Hopkins who wrote (6431)	12/15/1997 2:51:00 PM
From: vegetarian	Read Replies (1) of 13594

AOL has about 100M shares outstanding and the possibility of being bought out from a short position in a panic crash, although exists, is very small (based on the possibility of a crash occuring in the market and AOL's multi-year chart which does not show huge one day drop). This has to be weighed against high options premiums and their expiration risks with AOL. I prefer being short because that offers currently more flexibility against options because I think it will slowly sink; options are OK if you are looking for a couple of points.

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