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


To: Bald Man from Mars who wrote (8228)2/24/1998 8:18:00 PM
From: jack wuo  Read Replies (4) | Respond to of 13594
 
shorted AOL at $123, looking for $99 for coming market correction.
when market correction comes, AOL is #1 fat pig to be taking out.



To: Bald Man from Mars who wrote (8228)2/24/1998 9:26:00 PM
From: PAL  Respond to of 13594
 
The put/call ratio turns bullish. But there are exceptions:

Elsewhere, options on several technology stocks drew the most interest among individual stock options after recent strong
gains.

Dealers noted active put buying on Microsoft Corp (MSFT - news), Dell Computer (DELL - news) and America Online ,(AOL - news), all of which have appreciated sharply in recent weeks.

The put buying reflects growing expectations on the Street that the rallies in those stocks have run their course, said Paul Foster, editor and publisher of themarketedge.com, a unit of Mercury Trading in Chicago.


For a complete story:

biz.yahoo.com

For those who are longs, make sure you do your DD for the next few tradings days.