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 (3728)	6/30/1997 6:28:00 PM
From: CLAUDE JOHNSON	of 13594

Jim, I bet you were a happy man today, what with the appropriate move up in CYRX and down in ADCT. What I would term a perfect trading momentum day. Incidentally, I bought back my 10 1/98 65 calls @ 4 3/8, and sold 5 of my 10 7/97 65 puts @ 11 1/8 (almost a top), so now I have the other 5 puts for free. Obviously I acted in the morning at the opening because I had the same suspicion that all had of a slight, slbeit short-term, recovery today. Happy with whatever happens to the FREE 5 7/97 puts ... just getting them for FREE is reward enough ... if you know what I mean!

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