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

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To: jeff nightbyrd who wrote (3289)6/2/1997 9:51:00 AM
From: James F. Hopkins   of 13594
 
Hi Jeff: There is no getting around the up trend of AOL stock,
I never short sold the stock, all my short positions have been
puts. I'm long term short via Jan98 puts. Short term she can be
a hard stock to tackel..but it's her volitility I use..she is
a rabbit, latly she has lost some of that..and I'm being more
careful. I'm not just into "puts" I have also at times bought
calls. I have been using the profit taking factor because of her
fast gains, sort of grabing the shirt tail of the real short
sellers..
Jim
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