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Technology Stocks : America On-Line: will it survive ...?
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To: chenys who wrote (3220)5/23/1997 9:15:00 PM
From: James F. Hopkins   of 13594
 
Hi Che; No I did'nt really track her much today..my real time servers
were all down..and I was doing best could with phoneing in some
orders..I did have two bids in for puts but neither came to me..
from what your sayng I maight be lucky..but lets remember how good
they hyped her last year just before she went from 70s to the 20s ,
if you wanted to sell off the stock..wouldn't you try to get her
up first ? Will it work twice..maybe as people seem to have short
memories ..we know it's all hype..and the more experanced
internet users knows AOL sucks, but the newbies don't and the
it seems some of the funds buy dogs without concern about their
own investors..( saps )..and some of them do this for personal
under the table perks that go beyond what they make with the
pay check..you have some real greese balls using this stock to
leverage out some personal fortunes..they will laugh behind
closed doors when she gets dumbed. they got the savings of a lot
of people they consider saps..so take it from there..sure they
can push her up..maybe to her old levels..I'v seen ponzi scams
go on for years. I'm betting they will get called this time..and
they are betting they can get away with it..time will tell.
They are lucky I didn't go long..and I assure you they don't want
me to either.
BTW I most begged you to keep an eye on the JAN calls..as I might
not gert to check them every day and big interest was
using them for short sales cover..well lo and behold there has
been a huge drop in the jan 98 call postions, I did not see the
exits..but a lot of the open interest is now gone..hmmmm
yes I would sell my calls before I sold my accumulation..all along
I'v said they short her..buy back extra with the profit..to
trend her up..for the big kill at the end..it's like you feed
and fatten the hog before you have him for dinner. They know this
is a fake deal, just about all of them know that..but for them
for evey how long they can run her up it's easy money.
Jim
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