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Technology Stocks : America On-Line: will it survive ...?
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To: Bald Man from Mars who wrote (8320)2/26/1998 11:50:00 PM
From: Skeeter Bug  Read Replies (1) of 13594
 
baldy, the heat on the aol shorts is similar to your home town. it is nutso. when i jump into aol i will time diversify my puts. why? there is little difference between insanity and insanity +$15.

i'm also thinking about buying puts and calls and putting a gtc order on the calls if they double. this would pay for my put. i could then turn around a rope aol with a cheaper put at a higher strike price. when this bow wow tanks the puts may be a ten - twenty bagger. however, when is the $64k question.

the risk reward on this bow wow is so lousy i can't see anybody continuing the chicken game. but they do...
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