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

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To: James F. Hopkins who wrote (3989)7/14/1997 2:39:00 PM
From: CLAUDE JOHNSON   of 13594
 
Jim,

I sold the call side of my Aug 65 straddle (which I bought) for 9 1/4 today ... total straddle cost 9. I've got a very small profit and I own the Aug 65 puts for free now. Let the Sell-Off begin. I'm nervously calling 74 the top!!! (my knees are shaking at such an outrageous prediction based on spec. as no analysis can be worth a darn for this baby.)
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