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

To: Kerry Phineas who wrote (9048)	3/25/1998 8:11:00 PM
From: Glenn D. Rudolph	Respond to of 13594

I'm taking the logic that the stock will fall by April expiration, and that the momentum will take it from there. Anything new I buy, though, is going to be July, out of the money. I thought of buying puts but they are rich as you know. The First Call analysts comments are still bullish on this stock. I am not referring to the earnings but most are setting a price target close to the mid 70s. I do not understand their agenda. I do not see how one could value AOL that high at this point in time. Glenn