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

To: Jason Cogan who wrote (10071)	5/20/1998 8:14:00 AM
From: A. K. Giddings	Read Replies (2) \| Respond to of 13594

JC, For the AOL short I was using ETRADE with a good till cancel, buy to cover, stop loss, market order with the stop limit set at about 85 against a previously established short position. These are all options you can enter with an order on ETRADE. Since AOL is now a NYSE stock, I assume the specialists at market open look at the outstanding orders and set the price accordingly. There were probably a few others out there as well because sure enough, it gapped open just over 85. Oh well, at least I got about 5 points anyway. andy