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: George Bielski who wrote (8163)	2/24/1998 12:09:00 AM
From: RSAMBER	Read Replies (1) of 13594

WELL, BOYS AND GIRLS, I'VE GONE AND DONE IT. I BOUGHT AOL CALLS IN EQUAL $$ AMOUNTS TO MY LONG LOST PUTS. AFTER NEARLY JUMPING IN SEVERAL TIMES AND CHICKENING OUT (FOR SEEMINGLY OBVIOUS REASONS) I HAVE TAKEN THE PLUNGE. I CAN'T SHAKE THE FEELING THAT I AM THE FOOL WHO BOUGHT AT THE ABSOLUTE PINNACLE NOR THE FEELING THAT THIS THING CAN'T BE STOPPED. FOR ME, TODAYS HIGHLY TECHNICAL ANALYSIS OF THE SITUATION SUMS UP SOMETHING LIKE THIS: "IF YOU CAN'T BEAT EM JOIN EM". IF ALL GOES WELL, I WILL HAVE JUMPED OUT IN FRONT OF THE ROCKET, RODE IT TO BREAK-EVEN AND JUMPED THE HELL OFF BEFORE IT EXPLODES. (I "NEED" ABOUT 10 MORE POINTS.) WE HAVE ALL KNOWN IT COULDN'T POSSIBLY GO ANY HIGHER EVERY DAY FOR HOW LONG NOW?? THIS SHOULD DO THE TRICK. RON SAMBER BYE THE WAY, HAS ANYONE ELSE CONSIDERED BUYING CALLS?? OR BOTH PUTS AND CALLS??--big move either way = profit. little or no move = loss I AM CERTAINLY NOT SUGGESTING NOR RECCOMENDING- JUST CURIOUS. ALSO, IMO AOL OPTIONS ARE KINDA PRICEY AND REQUIRE MORE MOVE PER UNIT OF PROFIT THAN I LIKE. I MOSTLY JUST WANT TO BEAT THE DAMN THING.

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