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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (7238)2/9/1998 5:51:00 PM
From: Mike  Read Replies (1) | Respond to of 13594
 
Remember folks,
No pain - no gain

AOL -
+ --> 100, then 90 .... then who knows

Yes, I can give multiple of reasons why AOL will go down
1. The rate hike is un-sustainable -> losing customers
2. Increasing competition from rivals (T, Earthlink ...)
3. Why the rate hike, one might ask? Because AOL cannot make
enough money to please the analysts with the current rate

I am putting the money where my mouth is and looking to double it!
Bought put right before close today.
Be patient and victorious!
Mike



To: Pancho Villa who wrote (7238)2/9/1998 5:54:00 PM
From: Sabrejet  Read Replies (2) | Respond to of 13594
 
pancho, i look to stop out at anything above 10%. I would like to think that i can call it close to the top but that's not always the case! i also know when these things run like this there is a wall and when it hits it, that's it, it's over.

my short term problem is the tax consequences.

too many stocks out there to lose focus on one loss.

sz


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