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

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To: James F. Hopkins who wrote (2731)4/6/1997 2:52:00 PM
From: Michael Strope   of 13594
 
Jim,
Darn it, I can't believe it, but I agree with almost everything you said (except for the going to a much lower price....uh waitaminut...that's most of the message....very persuasive Jim :-)). Even if that does happen, however, I'm not too worried, I have a core holding and then I trade with a smaller portion. I haven't shorted this at all, or bought puts, because there's just too many short positions out there right now and I try my best to go against the grain (also I'm still learning about options). With so much short interest it seems obvious that there's a large unmet demand (underground demand? as opposed to overhead supply?) that will eventually be met.

Oh, and as far as my comments to Philly: I know I don't really lose money but I like to have fun with guys who post little barbs like that.

See ya round. Damn, I hope Brian comes back. We could have had a good time double-teaming all you shorters (not necessarily directed at you Jim).

O¨O
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