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


To: James F. Hopkins who wrote (8762)3/11/1998 2:00:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 13594
 
TO ALL; I take it back, the premium is too HIGH, would be cheaper
to buy calls , and short the stock..but that premium is to much
also...I never short naked so AOL is a no play.
To many sharks on her for a little fish like me.
Jim



To: James F. Hopkins who wrote (8762)3/11/1998 11:48:00 PM
From: George Bielski  Read Replies (2) | Respond to of 13594
 
James: Reconsider the puts on AOL. Today's news on the MCI/Worldcom merger reveals:
<<. Earlier, the two companies proposed a 17-member slate to
serve as the board of directors once the merger closes.
The proposed board consists of 11 outside members,
including eight named by WorldCom and three named by MCI, as
well as six officers of the companies.
The slate includes executives currently on the companies'
boards, executives from companies previously acquired by
WorldCom, as well as Internet industry figure Stephen Case,
chairman of America Online Inc.(NYSE:AOL)>>

I don't like the sound of that...sounds and smells like burning shorts.