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: Andre Lukas who wrote (4236)	8/3/1997 3:36:00 AM
From: CLAUDE JOHNSON	of 13594

Hi ALL Resident AOL Bear here. I felt the run-up might occur as well. Thought it wouldn't break 70, but ... Anyway, I put in for some more puts and left some openings for a run-up to get them for me. I finally got them when AOL hit 70.25. I've got 10 AUG 65's and 5 Jan 55's. I'm looking forward to earnings. If stock moves up initially, I will triple up on my positions, as every stock seems to come down very shortly after earnings. Tough to judge AOL, but all my previous positions are closed and I still have a profit playing her. Looking forward to next week.

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