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

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To: Steve Robinett who wrote (6641)1/1/1998 2:55:00 PM
From: WBendus  Read Replies (1) of 13594
 
Mike,

The 90 puts for January are asked $4 because the stock at 4:02, when the options last traded, was below $90 at about 89 3/8. AOL then shot up on the other exchanges, most likely as a result of last minute shorts taking losses for tax reasons, to the 90 1/2 closing price reported.

Wayde
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