America On-Line: will it survive ...? Message Board

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

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To: CLAUDE JOHNSON who wrote (3878)	7/8/1997 7:09:00 PM
From: Nasty P	of 13594

Claude, I gave up on all my bearish positions on AOL today (actually today and yesterday). Closed my spread at 5 yesterday, and sold July 60 puts at a 1/4 loss today. No reason to fight the tape anymore. The so-called positive announcements may carry it past 70 before expiration. I think instead of trying to get revenge I may try my luck in July or Aug 65 calls. Strictly the momentum play. Good luck to you.

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