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Technology Stocks : America On-Line: will it survive ...?

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To: J. P. who wrote (10822)7/30/1998 8:09:00 AM
From: MileHigh  Read Replies (1) of 13594
 
J.P.

Thanks for your thoughts. I am thinking about selling a few covered calls on strength today, Naz futures up 10 now. I am sure AOL will continue to see revenue and earnings growth, BUT the question is will it be at the rate WS expects. Don't get me wrong, I'm not a bear nor am I trying to post negative comments because I am short, in fact I am long.

Part of me says that with earnings coming, selling calls might not be a good strategy, too much upside potential....Also, everyone keeps talking about a split, the lower this thing falls, the less likely a split...

Is everyone counting on a split?

MileHigh
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