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To: Skeeter Bug who wrote (6459)6/17/1998 6:16:00 PM
From: Paul Merriwether  Read Replies (1) | Respond to of 164684
 
<<
perhaps using options to limit risk is better than tying up all your capital. reality will
hit. nobody will actually sign on the dotted line. btw, where was everyone when aol
was $15 not too long ago? oh, it just became a buy AFTER everyone else bid it
up... there i go again ;-) good luck.
>>

Skeeter
I think aol is a hyped up piece of junk. I would not be caught dead
as a user of aol. AT&T however does not think like I do and is
out to mark its territory. While doing so, its going to pee all
over the shorts(if the rumors are true).
I think the only two sane options are
a>buy a straddle/box(because the price already has appreciated)...
b>stay out of it and let the dust settle

naked shorting any of these puppies in these crazy times may turn out to
be lucrative, but i think the risks are too high(esp. for a person
like me who is not in the first bloom of youth :) ).
best luck