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: yard_man who wrote (3193)	5/23/1997 7:02:00 PM
From: James F. Hopkins	of 13594

Barry: you set a high price the last time too..and it never got past what I called..it may go to 56 or 58..but you wait on that kinda cinch and you never hop on..tag it with a third at 54-1/2, anther at 55..save a third for and if she makes 56..stay with 55 puts.. if your playing june..I'v eat this one up and spit her out more times than I can count.hell she may not make the 54-1/2..in that case I'l pass. I'm bidding 55s at 3 dollars GTC, if I get them then I'l look some more, if I don't get them by WED next week I'll drop the bid..from now on I just prorate the bids and set the price I want to buy..I got busy and missed seeing the last one when she got up and she only hung for about an hour..it's plain and simple if you use a 50 day moving average to see what she is doing..and were the profit taking is kicking in. 20 to 23% above the line ! if you wait past the 20% for the 23% you will miss 2/3rds of the peaks. Jim

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