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Technology Stocks : Internet Analysis - Discussion
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To: edamo who wrote (269)3/30/1999 4:43:00 PM
From: Chuzzlewit  Read Replies (1) of 419
 
How can a man be ultraconservative when he thinks he can value stocks based on PSR? If I ever, for the life of me, figure out the rationale behind this lunacy I promise I will share it with you. I think this is strictly through the looking glass stuff.

I see you've had you little discussion with Voltaire. I did not want to get involved, but I am long AOL, but sold deep in the money calls against my position (April $110). They didn't start out deep in the money, but who could figure that a stock would move from around $95 to $145 in three weeks on no news. But the valuation is so nuts that I'm not going to repair the position. I will simply take my profit (100% in about 4 months) say thank you very much, and go.

Regards,
Paul

TTFN,
CTC
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