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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?


To: Cymeed who wrote (526)2/17/1999 12:29:00 PM
From: Mark[ox5]  Respond to of 779
 
Cym! I thought you would of made a fortune off that AMZN put.. when we discussd it, AMZN was around $115, and had dropped down to $100 at one point...? Dont put market orders on options unless its really a fast moving issue... the spreads are RIDICULOUS.

AOL has held up well ... its the only blue chip internet stock (the past few weeks have shown YHOO is NOT a blue chip), while AOL has only dropped 15 pts in the same time period. Even at these insane valuations I think AOL is a buy... they control 16M eyeballs... and added the last 1M eyeballs in under 1 month... amazing... only co. with revenue stream that is so predictable.

Just take a calculator and mutiply 16million X $21.95 monthly charge X 12 months... (I take 20% off of that for factors such as some may not be paying the full 21.95!) but still , that is like a telephone co.

Then add in the revenue stream from advertising, which supports entire companies such as the portals....

And their power to name their price to advertisers.... I added AOL on the weakness ($151) to my dad's long term account (the sleep and hold type)-- its actually holding up better than MSFT :)

Mark