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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (25891)	2/9/1998 11:06:00 PM
From: Jason Cogan	Read Replies (3) of 132070

Michael: I have always respected your insight, and certainly value your thought process. I was hoping you could give me your perspective on AOL's price action today. Can't make heads or tails of it, other than a short squeeze going on and some price action related to the $350 million convertible (104 strike) sold in November. Is it possible earnings were pre-leaked, or just anticipation. I am short a lot of $120 calls and am wondering about buying some stock as a hedge. Thoughts? Regards, Jason Cogan

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