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

To: Greek Trader who wrote (31013)	9/18/1999 11:44:00 AM
From: Grandk	Respond to of 41369

2% of my port is in AOL calls. I'll follow it down and add to my position every 10% drop. This company is the internet powerhouse and will be back in style very soon. If MER is buying, I'm sure others will begin soon. Institutional ownership has decreased significantly recently. With the end of the year approaching, brokerages better get back on the ball or else they will miss the "big" run. It's ok with me that I'm in before a lot of institutions. It just means I can sell for a profit before they do. I believe Olu's bottom of 75 is correct, if this isn't it already. Time will tell I guess.

To: Greek Trader who wrote (31013)	9/18/1999 1:07:00 PM
From: Bridge Player	Read Replies (1) \| Respond to of 41369

<< I also feel that 200 by year end will be achieved.>> This is the kind of idiotic, uninformed post that motivates me to respond. For those who would like any negative posters to be gone from this board, I suggest that you might also be mildly critical of inane posts like this. BTW, I would be equally critical of posts predicting 10 by the end of the year, if they were the least bit serious. Greek, if you would like to back up your "feel" with money, you have an opportunity to make 24 times your "investment" in just 3 1/2 months. Pretty nice return. If your brokerage account allows you to buy options, the AOL January 2000 130-strike call option can be bought Monday for $287.50 per contract. At 200 by year-end they would be worth a cool $7000 per contract. FWIW, I do believe that AOL is oversold and, in a decent market, might get a little 10-12 point bounce here. In fact I am seriously considering buying some October 90 calls myself. But I continue to believe (and may be proven wrong by events) that the final lows are not in place. BP