I don't get it ... aren't there any stocks now with decent earnings that investors can buy ... why buy AOL ... even the networking stocks whic have been beaten up badly like COMS, CSCO, CSCC are better buys ... sure there is heated competition in the networking industry ... but there is also much competition in the online providers ...
The difference is, companies don;t just change their network suppliers overnight ,,, but customer can just dump their AOL service
tonight, call up a new provider and be online in a few minutes ...
Had some puts today ... been lucky lately with CSCC, XYLN, PSFT, VRTS ... today I decided to try AOL
Been buying puts on day before earnings ... if earnings are so bad, stock tanks the next day ... if they're good, the go up a few pts , then give up half of it before the days if over ... good risk to reward ration IMO. |
