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Biotech / Medical : Biotech Derivatives
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To: Mike McFarland who wrote (262)6/25/1999 1:24:00 PM
From: LLCF  Read Replies (1) of 555
 
<What do you think of Celgene calls, LQH JW (Oct 17 1/2 Call) around $2 seems fair. >

Actually you're exactly right, they are 77Vol, 80Vol is fair value based on the historical movement in the stock. Actually this is as cheap as they've been in literally years, normally trading up around 100Vol even though the stock movement doesn't warrent it. I may sell my stock and buy those, thanks.

DAK
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