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

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To: RLM who wrote (7741)2/12/1998 4:48:00 PM
From: Michael Harb  Read Replies (3) of 13594
 
I think the brokerages will start downgrading shortly due to the recent appreciation. AOL is way overbought now....The "rah rah" is reaching critical mass in my opinion. I am confident we will be down a couple bucks by close tomorrow. There's a lot of people with some big profits that will be taking some chips off the table soon.

Bought a truckload of Feb 110 puts at 1 1/4 today. Looking to sell at 3.

mike
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