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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (54747)	4/5/1999 7:27:00 PM
From: Michael Bakunin	Respond to of 132070

When I bought those AOL puts (at 150 -- ancient history), I promised myself I would not buy any more unless AOL added at least another 50%, or hit 225. If they buy CBS in a pooling transaction, the market surely will apply AOL's current P/S to the "new" AOL, vaulting the stock to infinity and beyond, allowing me to get more puts at a deliciously dizzying valuation. Or maybe I should throw in the towel and exchange what little premium I have left for calls.. yes, that's it, calls! Go AOL! <cough.. hack> Go! <gg> -mb