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

To: RLM who wrote (8297)2/26/1998 11:37:00 AM
From: yard_man  Respond to of 13594
 
Or buy calls?



To: RLM who wrote (8297)2/26/1998 11:39:00 AM
From: Bald Man from Mars  Respond to of 13594
 
<<If you have a target of 140-145 why don't you buy >>

First, if I am so lucky that it hits my target, it is only a
20% gain, but I expect it to drop through 100, which if I
am so lucky to catch the top will be a 40% gain on the
downside, risk reward does not warrant purchase.

Second, if I am not so lucky and it drops from here, I am
correct in predicting a downturn, but I am in something that
I want out.


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