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Technology Stocks : America On-Line (AOL)

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To: Bonnie Bear who wrote (173)12/29/1998 6:28:00 PM
From: EZ  Read Replies (2) of 41369
 
what would DELLS split adjusted price be if you went back 8-9 years,i believe around 1 dollar OR LESS. Not bad since its trading around around 75.00 now,by the time the internet cools down{maybe in 5-10 years}where do you think AOL will be? I BOUGHT jan 115 calls back on 10-1-98 ,25 contracts for 12.25 each,around 30,600,sold them on 10-27,for 18.75 and then proceeded to buy april 130 calls for 19.00 the same day,these calls then split and are now worth 450,000 and have four months left and im sure another split,how high will they go i dont know,but im not complaining,start with 30,000 and in 11 weeks youve got 450,000 only in america {no pun intended},I purchased july 140 calls last week and almost have a double already,I guess what i am trying to say is yes the valuations are high BUT ride the wave while you can and keep taking your intial investment out if your that worried,but i think our future is bright for awhile the nets only just beginning to take off...EZ
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