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Biotech / Medical : ABTI Alpha-Beta Technology
ABTI 0.200+99,900.0%Jun 17 12:34 PM EST

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To: Rosemary who wrote (63)5/8/1997 3:27:00 PM
From: Wayners   of 572
 
<<You know that Chiron is now awaiting FDA approval today? So this could be the start of something big for the Bio-techs. So don't sell yet>>

Rosemary,

I wasn't aware about CHIR. I am still holding. I am tempted to write a $10 covered call to lower my basis to the current price, if the June calls are going for $1 to $1.25. I would do this now if I thought ABTI was going to dip to $8 to $9 before going higher to say $12 or $13. I'll be looking at the charts again very closely tonite trying to decide if we are at a short term top.

Wayne
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