SABRATEK CORP (SBTK) Message Board

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Biotech / Medical : SABRATEK CORP (SBTK)

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To: Ricardo Bekin who wrote (5)	7/5/1997 12:33:00 AM
From: Ricardo Bekin	of 487

"Pacific Exchange (PCX) said Thursday it will begin trading options on shares of Sabratek Corp (SBTK) on July 11. The exchange said opening strike prices have been set at 22-1/2, 25 and 30, with initial expirations in August, September, November and February." My question is, with the price at $27+, why are they setting the strike prices so low? Ricardo

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