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Technology Stocks : America On-Line: will it survive ...?
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To: yard_man who wrote (3522)6/21/1997 7:50:00 PM
From: James F. Hopkins   of 13594
 
Hi Barry; Been chasing ADBE calls, July45s..Jan55s, checked out AOL
July puts..no good right now they want to much for them, sure I think
she is going to dip..and there may be a "small" profit in them, but
that's the rub..at these prices the likly profit is not worth the risk..some people rolled into them when she hit 62, I was still
messing with the June puts when all the July puts went out at reasonabe prices..have not checked between then and Jan..still some
half way good ones for Jan.
Gota go, I hope ADBE does her rubber band snap back act.
CLTK is fixing to go up, ( if the market stays good )keep an eye on
her . ( right now I see the NYSE trying hard for 500 before a
meaningfull pull back but I'l get nervious at 490 and I may revise this )
Jim

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