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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: KeepItSimple who wrote (24285)6/28/1999 12:30:00 PM
From: Annette  Read Replies (1) | Respond to of 41369
 
Gee, where have I heard THIS song and dance.......
Message 10299294



To: KeepItSimple who wrote (24285)6/28/1999 12:34:00 PM
From: larry  Respond to of 41369
 
It will definltey go above 100 for sure. Near term, AOL is lobbying the Fed to try to be kind on Wednesday. You might consider buying some near term calls tomorrow at the close when the issue is testing a double bottom at 90. I am expecting a huge relief sucker rally that will last at least 2 days. After that, you can buy puts on AOL again.

I currently hold July 105 and 115 puts. Will probabaly convert them to all calls tomorrow at 3:55 pm.

BTW, if 90 does not hold this time, this POS will find fierce support at the dense zone at around 80.

good luck,
larry!