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To: RocketMan who wrote (3421)2/22/2000 7:58:00 PM
From: Poet  Respond to of 8096
 
That's a tough one, RM. I see AOL as a big old cumbersome bear that's coming close to buy range. I'd rather see it hit the mid forties, to tell you the truth, before i bought LEAPs. For my money, I think CSCO Leaps on today's (and perhaps tomorrow's) weakness is the way to go. A much less risky play, IMO.

Disclosure: I bought CSCO 2002 LEAPs calls today, the 80-strike (WCYAP) when it was at 122.



To: RocketMan who wrote (3421)2/22/2000 10:07:00 PM
From: steve mamus  Read Replies (1) | Respond to of 8096
 
No it is not time to buy AOL leaps. Let it drop another 20-30% first. It is still over priced. I have traded this one alot flipped 42K shares in 6 weeks last year first quarter (on 3 trades). IMHO of course.

DoK


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