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 (3462)	6/16/1997 5:38:00 PM
From: yard_man	of 13594

Yeah they got me -- didn't cost me much, though. Believe it or not I'm still ahead net from a profitable AOL short earlier in the year. I'm not taking any new positions for a while. On Friday I should be exercised on some calls which I wrote against shares I own. That will be fine with me. I'd rather have 25 or 30% profit and be in cash now. I think the rapidity with which the market came back from the dip earlier this year doesn't bode well. The DOW has priced in everything being perfect for the next six months or so -- I'm selling some other issues into strength. Good luck.

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