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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: IKM who wrote (5281)	10/27/1997 11:17:00 AM
From: Brent D. Beal	Read Replies (1) \| Respond to of 13594

I think the stock, at least in some people's mind, is still within a somewhat normal trading range--another 5-8 points on the downside and watchout--everyone will start taking the "wait-and-see" approach before jumping in and this thing will really start to come apart. I don't know if that will happen today, although we've got a good start so far, but it will happen eventually. In may take a string on "two-steps-back-one-step-forward" moves to finally convince people the party is over. At any rate, nice profit on the puts today, huh?