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

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To: Hawk who wrote (3228)5/26/1997 12:48:00 AM
From: James F. Hopkins   of 13594
 
Hi Marc: Well you just did get them, I had some bid at $1 and
didn't get any, and the 55 I bid at 3 and didn't get..they got
a high price on the 55s, so I don't see them with a lot of faith
in her..with the time you got you should be ok. I subjet to buy
a few longer term ones..right now they seem like a better value,
I'm way out of the money on my Jan 98 and 99s but that's my
home run position..the place I want to be if the bottom falls
out, and unlike I do with short term puts, ( place a sell price
as soon as I get them,) my long term puts are not up for sale.
Jim
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