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

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To: yard_man who wrote (3461)6/16/1997 5:23:00 PM
From: James F. Hopkins   of 13594
 
Hi Barry: The chart looks like they stoped out you and a bunch
more right there at the 61-1/4 mark..shuks them MM see all the
stop orders when they come in..was a story in Forbes about some time
ago..written by ex market maker, and how they "pick off the stop
loss orders"...after reading it I never wanted to use a stop loss
agian..thats why I say you got to plan ahead and get calls cheap,
and use them for cover..NXTL is blowing and going..if she will
just retrace a little in July were I can get some Jan99 calls
then I expect to have fun with her late this year and maybe next
year..the guys who got the hole cards with aol bought them jan98
calls last nov. I was late getting to this party and just got a
few crumbs, but still have my reasons to think my long term puts
will make money.
Jim
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