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

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To: yard_man who wrote (3359)6/10/1997 10:14:00 AM
From: James F. Hopkins   of 13594
 
HI Barry: I'v been expecting profit taking all week, but it looks
like she has attracted a new school of mullets, I took on a few
more jan98 25s they was cheap..and I'm bidding some short term
aolrl (60,s) at this time but doubt I get em as I only bid 2-1/4,
but thats the way I do short term stuff..bid lower than I think,
I'l get em..that way if they come to me I got that margin of doubt
in my favor..any more when I get puts I'm almost allways suprised
and say day, "well I'l be damm they gave em to me any way", so
last week while you were gone, I bought/sold puts 4 times "as
she was climbing" and still managed to eek out a tiny profit,
every day I would say "no more short term puts" but on all but
one day "yesterday" I wound up bidding for them..but never
chased them
got to check NXTL jan 99 12.5 calls, bid em
yesterday but didn't get en will try today..I may chase them,
c u l8r
hope you caught some nice fish !
thats what I should be doing !
Jim

well
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