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To: Paul Merriwether who wrote (20194)10/31/1997 5:13:00 PM
From: McNabb Brothers  Respond to of 176387
 
Paul,

AOL is our second favorite short behind ZITL! WE are going to short AOL as far as it wants to go! In fact the higher it goes the more we short and the harder the stock will fall and eventually the more money we will make! If we think a stock is a good short we do not care if it continues up for awhile so we can sell more and avg. up as it goes up! We do not put all of our short position on at once for we are very aware that we can not pick the tops!

Hank McNabb