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: Hawk who wrote (3239)	5/27/1997 4:34:00 PM
From: James F. Hopkins	of 13594

Hi Marc: the 55 does not suprise me, I was not sure they could make it but I knew they would try hard, I entered puts at about 54-1/2 but couldn't get a cheap price, paid 2-7/8 for june 55, what worry me now was her strong closing..this dog could go up again tomorrow, yips..o-well I'm in her now, also took on more JAN25 puts today, they were cheap. I think profit taking will kick in before the week is out, and she will test 50 again, soon at least I hope so. Bond prices droped today so yealds went up over 7%..that will run some money to the bond market and todays rally will be short lived or so I think.. Jim

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