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Technology Stocks : AOL, now I get it
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To: Jinping Shi who wrote (445)2/6/1997 5:29:00 PM
From: yard_man   of 496
 
Jinping,
I shorted AOL for a quick profit as it went fromm 39.5 to 33.5. I made a few bucks quick, but I wouldn't recommend doing it. If it makes it into the 40's I'll probably look at the premiums on the april 35 or april 30 puts. I'll only buy them if I can get them really cheap. This stock is way overvalued in my opinion, but a lot of people like the stock regardless of fundamentals.
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