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: rhet0ric who wrote (9315)	4/4/1998 2:22:00 PM
From: Dom B.	Read Replies (1) of 13594

Hello, Rehtt...your portfolio is none of my business,but I feel that you should consider a lot of stuff before buying your puts/shorts on aol - 1. Do you know the NYSE specialist system? If not, take a "Random Walk" over to the Richard Ney thread; 2. Do you know how a specialist profits from your short trade other than the "squeeze"? Stock Detective website has an article on this, too. 3. You probably know that H&Q and the power houses are treating this issue with white, pure silk gloves. Witness how Goldie purchased 900k shares from Bertelsmann and just slowly selling in 100k blocks so as not to flood the market and thereby depress the price. 4. And lastly, time is not your ally with options! Good luck Rhett, fwiw, I've been long on this since Feb 97 at 18, post-split, while someone on this thread is already 100% underwater on some of his short positions. //dom

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