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

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To: Robert Giambrone who wrote (3732)6/30/1997 8:40:00 PM
From: James F. Hopkins   of 13594
 
Well Robert; right now you glad you sold them but what the heck,
tomorrow she may fall again..really I can't give advice..it would
not be the same as you are not me..I can say what I would do at the
moment...but as you know with short term optins that can change
so fast that by the time you read it I might would changed my mind.
It's best if we stick with the general stratigy..like well how high
or low do you think this puppy will go this run..and we see what
others think to..to see or question our own ideas..but please don't
see me as some option guru who can call buy/sell prices..I don't
think they make that kinda person..and
I'v looked around a lot too. For now I do have a target in mind,
"IF" she gets close to that target I'l then look at her some harder
BUT I do not know that she will get to that target , but if she
makes 51..I'l study the news and some calls..unless she is falling
fast or I find out all the shorts have covered..if the shorts
have mostly covered then she will likley slide lower.
OR if I see a certain Jan98 call position sell off..have to look it
up BIG call position about jan $32.50, if it goes you know she is
going, a big short is using it as cover.
Jim
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