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Biotech / Medical : Biotech for less than a buck.

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To: Mike McFarland who wrote (164)11/12/1999 8:20:00 PM
From: RWReeves  Read Replies (1) of 743
 
Cheap ARIA

I sold some other issues that hit their target (my second round trip for TTP this year) and had a few bucks kicking around so nibbled at ARIA at the same 1 7/16 ask. I'd cut about 2/3 of my ARIA earlier at 2.125 looking for a buyback in at 1.5 or better. As you noted, it pays for the comissions <g>. BTW I am trying out a small test account with Ameritrade which eases the pain of round trips ($8).

Have you worked out cash per share? I just did some quick and dirty calcs assuming settlement of the other convertibles at similar costs and came up with around a buck a share of cash.

I see your recent love CTIC has been doing very well for itself and topped 3 bucks today before pulling back. Maybe with that MIDA touch you can actually get KDUS to trade a few shares. Are you on the NTII thread also? This looked like it might be of interest, and FWIW, AMLN could be interesting. If no new news happens this will likely drift for a while and it would not surprise me to see it possibly be available in $3-4 range.

RWR
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