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Technology Stocks : America On-Line: will it survive ...?
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To: peacelover who wrote (8494)3/4/1998 8:46:00 PM
From: Sowbug  Read Replies (1) of 13594
 
Do you think I should take my profit tomorrow if AOL tanks along with the tech sector, or do you think I should hang on to them for more return.

It's unbelievable that you have any profit with them -- did you get them for free? You'll be lucky if they go above a bid of 1/16 even if AOL drops to 105, which it probably won't. The delta for March puts so far out of the money is something like 1/300.

Sorry to sound like such a pessimist, but I don't see how you could possibly show a profit. Good luck to you.
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