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: Tom Rollins who wrote (8882)	3/17/1998 2:47:00 PM
From: Michael Harb	Read Replies (1) of 13594

I've got 40 of the Apr 60 puts. Got them before the close yesterday. This is playing out just as I had predicted. Everyone and their brother gets in BEFORE the split thinking that everyone else is going to buy post split... Splitting from 130 to 65 isn't going to bring to many more folks in that wouldn't buy yesterday. If they did a 5 for 1 and brought the price down to 20, maybe. Post split anti-climax is setting in. Look for 60 by weeks end. Already up on my puts about 25%. Aaaaaah. Life is goooood. mike

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