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

To: yard_man who wrote (6841)	1/15/1998 11:37:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 13594

Hi Barry; Hmmm Stock splits as a general rule help the stock in the short term..seem a put would be best timed just after the split. About tying up cash "shorting" if you have calls to cover with don't they allow you to just have, to have enough to take care of the spread between the calls and your short sale ? Jim

To: yard_man who wrote (6841)	1/15/1998 12:02:00 PM
From: James F. Hopkins	Respond to of 13594

Barry; Off Topic , "MOOV" just checked again last sale 3000 at 1-11/32 one before that was 20000 ! at 1-11/32, she's definatly ticking up, that 20000 block was half her volume for the day so far, and was likly the market makers buying as they were caught short. She will find some resitance at 1-3/8, but VUPDA is also ticking up and that's good for MOOV. If MOOV gets beyond the 1-3/8 mark I think she will then soon join at the hip with .70% price of VUPDA, I don't really expect her to make the .75% untill the merger is official. But with her recent up ticks I think it's a signal the merger is in the bag. MOOVs short to mid term outlook is tied to VUPDAs price. Not every one is sure of the merger , if they were it would have already hooked up..but I feel strongly it going to happen, already some MOOV people are taking positions on the VUPDA board. There is to much at stake for the insiders on both sides for this not to happen. VUPDA gets MOOVs book value at a discount and improves her balance sheet right from the start, MOOV people get positions in VUPDA, and the synergy of a combined distubution system lets them increase profit margins something they need to do anyway. If VUPDA don't break above 3 I may just hold on and accept the VUPDA stock. As I see VUPDA getting back up to 3 1/2 or better when the smoke clears. Jim