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: CLAUDE JOHNSON who wrote (4098)	7/22/1997 12:15:00 PM
From: James F. Hopkins	of 13594

To All; AOL was shorted heavy at 73-1/5..as she droped another bunch shorted at 68..yesterday and today were thoes shorts covering and it bonced her up, aother new bunch "JUST NOW" shorted at 66-1/2 this may send her back down some..but she will bounce as they will have to cover. The puts/calls are in too much demand and the premiums are too high to make the effort of day trading her worth while. Too many shorts playing right now, they are buying and selling to one another, and the bookies are cleaning up..AOL is a suckers play at this point, either way you go. Jim

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