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: CLAUDE JOHNSON who wrote (3540)	6/23/1997 12:10:00 PM
From: James F. Hopkins	of 13594

Claude; to sell the Jan calls you have to own the stock, or be one hell of a big shot with 10 times the money in your account than I have..if thoes calls arb on you , your got top have the stock or the free money to buy it. the reason u can net 1-3/8 is because AOl is just that risky to own. It's not a good deal unless your very bullish and don't mind owning her at 65. For me thats Yuk. Write 65 calls ??? man no way. Jim

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