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Biotech / Medical : SABRATEK CORP (SBTK)
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To: Peter V who wrote (439)8/23/1999 7:58:00 PM
From: LTK007   of 487
 
Peter I am just as regretful--I did make 2k on my puts for July--but kept saying best get those Nov15 puts,but said not until they hit one dollar---well learned a lesson in being too cheap--did I give up the faith?
I lost faith in the time frame--thought this company might be able to hide their ruse for many months--and those acquisitions were a fake-out--I said gees if they are making acquistions now it sure doesn't seem like the collapse will be imminent.
But for one a personal reason I knew that SOMETIME their would be fire exploding out of where there was smoke as I am familiar with the healthcare business and what they were selling as a new revolution in healthcare was total BS----what they were selling would only have succeeded with a few very rich patients---it was a BS fantasy they were selling,they would never have gotten Medicare etc to go for it--Max
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