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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (4467)2/23/2001 4:37:01 PM
From: Rich1  Read Replies (1) | Respond to of 15481
 
Big Report today picked AOL...



To: Jorj X Mckie who wrote (4467)2/23/2001 5:03:24 PM
From: Original Mad Dog  Read Replies (1) | Respond to of 15481
 
For years I had a mental block about AOL...their service was so bad and unresponsive a couple years back...not just during the access woes but afterwards...when they lacked capacity and so kicked people off the service based on a timer system....and tried to hide that they were doing it without warning.....so I refused to invest on the grounds that if the product is crap the customers will eventually leave.

Things have changed though....so much so that I actually signed up for their service again last fall and have been relatively content....not overly impressed but it's at least middle of the pack, maybe better....

I agree that they are well positioned going forward.....I am waiting on all entries until such time as I conclude that the market has both crashed AND burned.....what we are seeing now is just the fireball upon reentry to the atmosphere.....



To: Jorj X Mckie who wrote (4467)2/23/2001 11:45:39 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 15481
 
Jorj, I, too, am interested in AOL. However, my concern is the much talked about (here in lala land, anyway) looming actor/writers strike, coming this summer to a theater near you (even those that have filed chapter 11). <g>
That will definitely affect TWX. (sshh-btw, maybe big report is another contrarian indicator)

Just saw this - need to check the max-pain in a week or so.

Put Options Fly in AOL and Texas Instruments
By Dan Colarusso
Associate Editor
2/23/01 12:37 PM ET



. . . But traders were playing put options in some significant size on America
Online-Time Warner (AOL:NYSE - news) and JDS Uniphase
(JDSU:Nasdaq - news). At the same time, trading began Friday with a
position being built on more than 11,000 March 55 calls on Microsoft
(MSFT:Nasdaq - news). . .


. . . The AOL action was huge, as more than 50,000 of its March 45 puts changed
hands. That action pushed the price of those puts up 80 cents to $3.90. AOL
was down $2.63 to $42.28 at midday.

That traffic made the 15,000 contracts that traded in JDS Uniphase's March
35 puts seem downright paltry, as the stock fell $1.13 to $29.44 at midday.

thestreet.com