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


To: Sam who wrote (9996)5/12/1998 11:19:00 AM
From: Kerry Phineas  Read Replies (1) | Respond to of 13594
 
Sam, I think I could find a few bulls who have lost money.
ie
Message 4367752
The main argument about playing these hyped stocks to the downside is that bubble stocks tend to crash harder and faster than the average stock, st out of the money puts will tend to be underpriced. Thats my argument, anyways. It creates a good hedge against long positions to buy puts on the heavily hyped stocks if you can get them at a decent price.