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Biotech / Medical : Somatogen (SMTG)
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To: Bharat H. Barai who wrote (401)2/24/1998 10:25:00 AM
From: aknahow  Read Replies (1) of 442
 
Dr.Barai, thank you for your many fine post. I agree with you even though my most recent purchases were at an effective cost of about $4.20.

What is really sad is that then news was leaked. I have never been called by my broker to be asked if I wanted to sell additional calls. Was lucky to have a small residual holding of shares. Someone actually posted on Yahoo stock would rise to $9 in few weeks.

However the clues were there. Co was saying, "we are talking about getting married, talks are going as expected. Don't know to whom but wedding is fixed before end of second quarter." Baxter now also committed to that date.
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