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

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To: chenys who wrote (2587)3/27/1997 5:29:00 PM
From: James F. Hopkins   of 13594
 
HI Chen: You nailed it..now will they follow thru monday ?
The close was not as strong on the down side as I would
expect for a follow thru..but a lot of stocks got hit today,
so this may not have been the big brother sell off..that may
be still to come. None the less I went in 40 puts early at 1,
and came out of them at 1-1/2..could have done better with the
timeing..had my server not been so slow...if it slows down I
get antsy. Thanx for the tip..well I thouht I saw the same
thing but was not confident in it untill you said you saw it
too. One other thing to watch is the call positions jan 27.5,
and 32.5...if you see the OI..take a big drop in thoes..then
they are closing out..and she will dump like a rock, likley
over night, so far thoes positions are holding.
Jim
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