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


To: Paul Merriwether who wrote (9727)5/4/1998 5:40:00 PM
From: yard_man  Respond to of 13594
 
Not short. I am proud owner of worthless May 65 puts. Please don't ask how much I paid. :-(

I will only buy puts again on a 10 - 15 point spike in one day, but will not commit as much money ever again. Shedding a tear for the shorts, but at least they can hang on perhaps?



To: Paul Merriwether who wrote (9727)5/4/1998 5:50:00 PM
From: Keith A Walker  Read Replies (2) | Respond to of 13594
 
Just went short today. I could be brain-dead given all the comments on this thread and Yahoo!. However, the greed surrounding AOL is so reminiscent of Iomega just before it crashed, well, you know the saying - "It's deja vu all over again."

By the way, the comment from the CFO that the stock is worth ~$150 is complete nonsense. No legitimate, ethical executive of a major corporation should comment on the company's stock price. It actually could draw the attention of the SEC. AOL could stand some of that scrutiny for their cheezy/sleazy accounting practices. Makes their 10K's and Q's read like War and Peace.