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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!
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To: dazzled who wrote (9561)2/3/1999 8:12:00 AM
From: Casaubon   of 14162
 
all potential drugs get an advisory committee hearing. The FDA will give a reccommendation based on the data collected from the clinical trials. All the news has been positive, so far, so there is little reason to believe the drug will not pass review. As far as time line goes, all I know is fast track status means the drug MUST be reviewed by mid april. Agouron got Viracept pushed through much faster, and I think that was because it was such a dramatic improvement over crixivan. Viracept quickly cut into crixivans market share because it is a better drug; proving Merck is not invulnerable to the little guy. Agenerase looks like it is better than both of those drugs (crixivan will lose even more market share) and with the marketing muscle of Glaxo, agenerase shouls capture good market share quickly. Vertex also has been doing much to promote the advantages of agenerase and has been getting ready to initiate sales on its own.
I am not trying to sell anyone on this stock!!! I am heavily invested in this company and want to make more than my 10% annualized paper gain, which I believe I can do based on the information I learned in this forum. Just as Herm posted his plays on ROST early on, I will keep people informed of the progress I make, because it seems fun! I am going to try and snowball my gains by using the premium money to purchase my stock options, and thus increase my covered writing ability.
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