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Biotech / Medical : ABTI Alpha-Beta Technology
ABTI 0.0002000.0%Nov 7 9:30 AM EST

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To: biowa who wrote (170)6/25/1997 9:00:00 PM
From: Wayners   of 572
 
Biowa and Rosemary,

<<The Company said it plans to announce the results of its
Betafectin(R) PGG-glucan Phase III clinical trial within two weeks after final data review by an independent panel on July 24
and 25.>

The August $10 puts go for 2.875 and the calls go for 2. I was thinking about doing a straddle, but its going to be costly. I think I will wait until closer to the announcement so that I don't have to pay any time value.

Wayne
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