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To: Sundar Rajan who wrote (41117)5/8/1998 8:37:00 PM
From: Ben Antanaitis  Read Replies (1) | Respond to of 176387
 
Sundar,

There are times when you just "don't fight the tape." There were so many times that AOL looked like it was overbought and puts were the only logical thing to do......... but...........

Ben A.

PS it also could be that funds own a lot of the calls and are going to exercise the calls and get the real shares on the cheap....