IDPH--Positive preliminary results for pivotal trial of ID Message Board

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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Howard Hoffman who wrote (996)	6/15/1997 4:05:00 AM
From: guido leone	of 1762

I found out that most of these options trades over the last few days are through Bear Stearns. Looks like it is one very large and bullish customer. Does anyone know of any announcements coming up this week? There is only one week left to June options so I find it a little strange that this person is giving himself so little time. Even if these options close on friday in the money, why would someone pay $1 of premium for one week worth of time while the July 25s has only $2 of premium for a full month of time. Is there some major news coming out next week that he know about?

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