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Technology Stocks : America Online A good short now????
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To: Bert Klimer who wrote (4)12/23/1997 11:03:00 PM
From: Frank Ragonese  Read Replies (1) of 34
 
Well...I agree that AOL stock price is grossly overvalued. I have been an AOL customer since the beginning (almost 5 years?) and have seen it go through so many problems. I am amazed that it still exists!

It looks like the 10 million customer base is their "key" asset..since everything else can be found anywhere else on the Net.

I shorted this stock at 85....then added put options on top of that as AOL hit 87 and 90. I don't know what keeps this stock up...but when it drops....look out below...here's hoping it happens soon!
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