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Politics : Idea Of The Day

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To: Patricia L. Scott who wrote (9267)	9/9/1997 4:41:00 PM
From: J.T.	of 50167

Pattye, IMHO you will get your chance on LGND tommorrow or Thurs re LGND Sept contracts. This stock is ready to break out and I am amazed the MM's have held this stock at these levels this long. Big block trades all the way into the bell at $16. This may gap up tomorrow and will take out its old 52week high of $17 before the end of the week. Nov and Feb 17 1/2 calls are dirt cheap IMHO. Also, This is one stock you could actually buy in the money calls and not feel like you're getting ripped off. Great value here, and this stock is now ready to advance to new resistance and support levels. I would blow out of your sept 15 calls at 17 1/4 and roll into later contracts. JT

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