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

To: PAL who wrote (9776)5/6/1998 3:29:00 AM
From: H James Morris  Read Replies (1) | Respond to of 13594
 
<On the other hand, nobody can even remotely guess when that day of reckoning will arrive for AOL. People have been saying that the stock is overvalued for more than a year. Look at the chart.>
.
I think these people, are just a bunch of college business grad's, who had second thoughts about, what they were taught in school.



To: PAL who wrote (9776)5/6/1998 10:40:00 AM
From: S. maltophilia  Respond to of 13594
 
Yeah, ENMD May 40 puts were the right thing to buy as of yesterday's close (now 36 -7, put bid 6 3/8). But he bid on the put is only up ~2 from last night. Lousy odds to me on the near stuff. All that volatility favors the option writer.

(Correction: on my previous post I meant "paying too much for the time" rather than "too much time". I guess SI has a spell checker, not an idiotproofer-g-).


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