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Biotech / Medical : Biotech for less than a buck.

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To: Mike McFarland who wrote (264)	12/20/1999 7:57:00 PM
From: RWReeves	Read Replies (1) of 743

OK, On your recommendation I will add some KDUS. No need to cheat on ARIAW, I just SOLD some today at a quarter that I picked up at around 3/32 a few weeks ago. So they can definitely be had at 1/4. And you want to BUY some? Why not just buy ARIA? Remember the strike price is like 8? in 12 months. ARIA is selling for just just 6 times the price of the warrants. I think of ARIA common as an infinite warrant on ARIA with a strike price of zero. So tell me why ARIAW at .25 is a better deal? I can't comment on ASTM. ARIA common CYAN and IMMU make for a nice day in the BTFLTAB corral. Be interesting to see the returns on the SW Portfolio for the period 9/28 to 12/28. Looks like it will come in around 40% for 3 months. Them's loan shark rates. RWR

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