Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Sam Nizam who wrote (6075)	10/25/1997 3:10:00 PM
From: McNabb Brothers	Read Replies (1) \| Respond to of 9285

Sam, I have already started a short position in AOL and sold Nov 75 puts against the position. Now I wish I had not sold the puts as I feel we could see a major drop after earnings are reported. They could do a 2 for 1 split and get some bounce, but look at AMAT after it split. Read the AOL thread as there is potential for lots of bad news. If they make their earnings prediction for next year they will have a 100 PE. It could well hit $100 if the market conditions are right but you could miss a big drop by waiting to long. Mike