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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (8935)9/22/2001 7:48:30 PM
From: jayhawk969  Read Replies (1) of 9719
 
I know this is not an option board but.........
My play is sell the Naked October put for 1.50. You will probably own the stock at a net of 3.50, then the Feb call option is available at ? currently $.55.

I like the cash and there is some potential upside. What is the projection on their burn going forward?
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