America On-Line: will it survive ...? Message Board

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

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To: James F. Hopkins who wrote (3307)	6/3/1997 9:37:00 AM
From: James F. Hopkins	of 13594

To ALL: A strong negitive open is indicated for this morning by the S&P futures, and unless they go up it will be negitive. Of course that can reverse fast, as can the futures. S&P closed at 846.36, the fair value on futures at that price would be about 847.52 as I write this futures are 842.20 over 5 points below fair value..negitive open (program selling likely, if they dont get up at least a 1-1/4).. Cnn can confuse me on futures with their up/down..what close they are useing for a referance is not clear. I have to have a price..they have gone to 842.40 since I strated writing this and they can change fast, but anyway 847.52 would indicate a flat open, and we are well below that.This for the broad market, but down draft could effect any weaker stock. Jim

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