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

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To: Pancho Villa who wrote (7238)2/9/1998 5:51:00 PM
From: Mike  Read Replies (1) of 13594
 
Remember folks,
No pain - no gain

AOL -
+ --> 100, then 90 .... then who knows

Yes, I can give multiple of reasons why AOL will go down
1. The rate hike is un-sustainable -> losing customers
2. Increasing competition from rivals (T, Earthlink ...)
3. Why the rate hike, one might ask? Because AOL cannot make
enough money to please the analysts with the current rate

I am putting the money where my mouth is and looking to double it!
Bought put right before close today.
Be patient and victorious!
Mike
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