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

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To: James F. Hopkins who wrote (3486)6/18/1997 4:16:00 PM
From: yard_man   of 13594
 
Trading range narrowing a little bit over the past few days. Looking for a big move in the next couple of weeks. Still got my eye on her.

So far I have not been stopped out at a higher price than I set -- once at a lower price. I agree though, now, after being stopped out twice -- not a good way to go. Important thing is not to fall in love (hate) with a stock. If you can be in puts when truth is reflected in the price you will do well, but it costs a lot to play. It's no secret this stock is nothing but air. Everbody and his grandmother wants to be short or in puts when she crashes. Makes it expensive to play.
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