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

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To: CLAUDE JOHNSON who wrote (3717)6/30/1997 12:19:00 AM
From: James F. Hopkins   of 13594
 
Hi Claude; I'm guessing I'v played AOL as hard as anyone, not with
the stratigy you use , which is fine but I don't qualify.
my over all feeling is, to have some Jan puts on AOL..which ones
is a toss up , but for me if I didn't have any of them I'd take my
profit..( your 350% ) and roll some of it in Jan puts, or even
the 99 leaps.
Your idea for another thread is a ok with me.
I had FSCX last year and got tired of messing with her.
ADBE , I may have jumbed to fast this time, I'v won on her twice
already this year..the gap down has me thinking now..the other
times she did gap down. There was a lot of short interest in her
but in looking I think most of that could have covered already
at first I didn't think so but now ...hmmmm maybe so.
Any way I got jan 55 calls on her, and will let them ride.
------------------------
I'm looking at calls on CRYX but doggone they got a heavy
premium.
Jim
BTW the S&P futures are trading right now and they are way up
for some reason ????
Hell the news said the street was nervious..what are the futures
doing way up..well; that can cange in a heart beat in the morn.
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