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Biotech / Medical : XOMA. Bull or Bear?
XOMA 25.54+1.4%3:59 PM EST

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To: aknahow who wrote (4218)10/21/1997 8:38:00 PM
From: Andrew H  Read Replies (1) of 17367
 
>> By then options should be available and I will probably sell calls and to the extent they are exercised also sell puts.<<

>>I have sold calls on ICOS, CORR, SEPR, LSI, AMAT, ADBE, ARRS and many other stocks and must admit in almost all cases would have been better off just holding the stock. In most if not all cases I had sold puts on the stocks originally, so I am not crying. My point is when we all look back on XOMA when an if it finally begins to rise, selling part or selling calls may be the worst thing we could do.<<

George, I am having trouble deciphering the true meaning of your message. Is clarification possible? Or is the message that it is impossible. Or both or neither of the above. Or, more probably, both AND neither. (:>)

Thanks again for a classic post.
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