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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Rick C. who wrote (32195)	1/2/1998 1:34:00 PM
From: kiwi	Read Replies (2) \| Respond to of 58727

Thanks Rick That made our New Years eve nice. We are not overly confident about it reaching 130 either. It depends on this Market. I agree about the last week in the month being squirmy, if not before. We bought calls on AOLBR this morning @ an average cost of 6.06 the stock was down 2.5. We will stop out if the stock trades below 87 3/4. We will exit at 90 if it does not have enough momentum to test the high. This is quite a risky one for us do to the stock being so high and overpriced. We will see. It was interesting that a CNBC talking head said that the internet stocks were being looked at as a safe haven from Korea. (I don't know about that, he's probably long excite or aol >gg< ) kiwi