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Technology Stocks : America On-Line (AOL)

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To: CGarcia who wrote (10808)4/15/1999 1:56:00 PM
From: Joe S Pack  Read Replies (1) of 41369
 
I dipped into buy few 2000 140 leaps when it was trading
in 136-137 range in the morning. If it goes down further I will
buy a few more LEAPS. This selling has nothing to do with what
AOL is. Two major reasons: 1) recent explosion- and hence a normal correction, 2) too much money
will be lost by MM due to tomorrow's option expiry if they don't
bring them down. They have one more day. If this continues,
tomorrow morning may be yet another opportunity to buy.
Those who bought today will be very happy by next Friday.

-Nat
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