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

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To: James F. Hopkins who wrote (3393)6/11/1997 12:19:00 AM
From: Nadim Mando   of 13594
 
Jim, thanks for the information. Actually, if you go to edgar-online.com there has been 23 filings for the month of June alone.
My concern is, although we maybe right on AOL, but we may not time it correctly especillay if you are dealing with puts. I will not short this thing.... NO WAY. But I do have July 55 & Oct 50 puts. My plan is to give it another week to see if it would drop otherwise, I may have to take a loss & roll them over to oct. Someone is pumping up the stuck so they can unload. Here it is with a class just look at NIKE few days back. They come up with good news -> drive up the stuck -> suck in the suckers to buy -> shake out the shorts to cover -> dump
pure theft in broad daylight. I think I will ask Mike for his input.
One more thing, I been lurking here and the Ask Mike thread as well as others and I have been enjoying your posts.

Good luck
Nadim
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