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Technology Stocks : America On-Line (AOL)
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To: Bonnie Bear who wrote (201)12/29/1998 8:37:00 PM
From: EZ  Read Replies (1) of 41369
 
Could make a killing buying S&P leap puts with that info,dont ya think?And by the way i to believe we are in for a major correction sometime when the dow nears 10000,because you are right Bonnie,if you look at the facts,Stocks are higher relative to GNP than they have ever been,price to sales ratio is at its highest point ever,price to book value at its highest point,dividend yield on the S&P 500 is 1.5% the lowest ever,bankrupty filings all time high in the best economy in 30 years,and money saved at an all time low per household!But for now i will watch and react day by day and AOL to me represents a good opportunity to take the large gains while i can and i believe rebound much faster than the rest of the S&P during a correction as it did in the last one even though i realize this was just a mere tremor compared to what could become a major earthquake if we are not careful....EZ
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