America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: Joel Sternberg who wrote (1840)	2/24/1997 11:03:00 AM
From: Ramsey Su	of 13594

Joel, I have previously posted that AOL is strictly a Vegas money play for me, even though I have "doubled down" on my hand. AOL presents a fantastic opportunity to see how a stock/options are manipulated. Friday's close was interesting but I think the best is yet to come. That is why my "bets" are April and July puts. Fundamentally, AOL is a disaster that is not even worth discussing. It should have no bearing on the stock value in the next few months. Took a quick look at the charts over the weekend. Looks like a descending triangle and if it doesn't hold at the current 35ish level, it should start tumbling. What do you think the next move is going to be? Who is going to blink first? Ramsey

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