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Agreed.....but don't expect it to take off.....
1) subscriber base not increasing as expected
2) roll-out of AOL 7.0 has been costly; overhead costs still high
3) new DSL service not taking off as expected
maybe writing covered calls makes sense for this one.
> -----Original Message-----
> From: bobskc@xxxxxxxxxxxx [mailto:bobskc@xxxxxxxxxxxx]
> Sent: Wednesday, April 10, 2002 1:22 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] AOL
>
>
> I felt that a bottom may have been put in for AOL today and bought in at
> 20.33. The 20M new shares was filled without effort and the low volume
> leveled ... Warner is worth about $22 as a weighted mc which means AOL is
> free and you get TW at a 10% discount. Just my thoughts and action.. all
> due diligence in order of course.
>
> Bob
>
>
>
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