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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Dom B. who wrote (5433)2/22/1999 1:17:00 PM
From: Tumbleweed  Read Replies (1) | Respond to of 41369
 
Price of those leaps?
Joe



To: Dom B. who wrote (5433)2/22/1999 1:19:00 PM
From: RocketMan  Read Replies (2) | Respond to of 41369
 
Dom, I just checked the quote on those ZKFANs. I see an ask of 67 1/4, so that is about $6700 per contract, right? So at a $170 strike, AOL needs to go above $237 to be in the money, a 40% appreciation. Seems like a pretty good bet by 2001, and it protects the downside in case of a catastrophe. Is there any advantage to buying LEAPs today versus tomorrow, or do the premiums just follow the split value?



To: Dom B. who wrote (5433)2/22/1999 6:11:00 PM
From: Luis  Respond to of 41369
 
DOM B ;NICE to hear from you again my friend sorry for the late response ,very good advice from vendit and the people on the aol forum .well today i sold dell some cpq not all because the alta vista thing small chance of some shares in the ipo dont know .took another couple of thousands more and bought 1ooo aol at 162.50 not bad now i have 1500 and tuesday 3000 hope it continue this way .today happy only about 14 hours of happines manana who knows little nervous to much money in the stock but is allraedy done .father doing so so have a crisis in november but is with us thanks very much for asking amigo dont understand very much opciones so dont buy regards luis