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Biotech / Medical : Regeneron Pharmaceuticals
REGN 655.15-0.4%12:02 PM EST

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To: Scott H. Davis who wrote (532)6/11/2001 10:07:15 AM
From: jbn3  Read Replies (2) of 3557
 
Hi Scott, and thanks for your reply!

Yes, I sold August 45s against my position for $6.00. They expire 3d Friday in August, 8/17. I had not worried about them prior to this, but REGN has been moving so strongly this past month that there is now a reasonable possibility of losing the stock if the movement continues.

Since i can't see any underlying reason for the movement, I'm ... puzzled, curious, nervous.

Thanks again, jbn3
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