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Technology Stocks : America On-Line: will it survive ...?

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To: Thuy Pham who wrote (1552)2/7/1997 8:46:00 PM
From: Thom Taylor   of 13594
 
Thanks. The crowd is just how realizing the King is NAKED.

Three more trading days from now should prove very profitable for
put contracts. They are still fairly cheap. 35 Feb puts are only
$2 or so. April 25 put are about 38 cents or $38 a contract.

I see no upside potential until it bottoms about $22 a share.

A shorting news letter projects a 30% drop from $37.25 level.

TT
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