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Biotech / Medical : Biotech for less than a buck.

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To: Mike McFarland who wrote (387)	2/13/2000 3:00:00 PM
From: RWReeves	Read Replies (1) of 743

OT JNJ seems in a slow spiral itself these days. I have dispatched a squadron of vultures to follow it down and report on signs of life. Especially deep options life. I also think deep (01/02) options on RAD are cheap. Sold most of my ELN July 35 with the expectation I can roll over the dates deeper for the same price next week. ABT is getting checked out too. Random rants: I think NERX is still cheap on a relative basis. Compare to IMMU and it has a good portfolio/value basis. Of course AXO.T is stinking cheap by this measure but nobody ever heard of em. They didn't even know they were traded in the US BB until I called them. Ah, I love Canada. Disc: I own all of these some of the time. So does SW. Stuff I don't own and am looking at: SCIOS- is it soup yet? IART NABI CBMI. If you own em maybe you can come over and inform us a bit about them. Saves me the mouse clicks and the damn EDGAR fixed font headache generator. RWR

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