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: James F. Hopkins who wrote (4209)	7/31/1997 1:41:00 AM
From: CLAUDE JOHNSON	of 13594

Jim, You got that right! I only have 10 AUG 60 puts still out there. Did I here that you got out of your long term puts? I am preparing to put in a small order for AOL 1/98 55 Puts tomorrow. Putting a nice limit on it to give AOL some room to the upside to pick me up. thought about buying the straddle again and getting both sides, but not sure about the market in general. In fact, I'm putting in a reasonable limit order to pick up SPX puts in the morning to provide protection to some of my call positions. Very interesting market ... I have a feeling we will see 6080 before we see 6300. What d'ya have open now ... AOL and otherwise? I am long 7 aug call positions. and short 7 Aug and Sept Put positions. Very interesting market. Make sure you duck when she Tacks!!! (You may be the only one on this thread who gets this ...)

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