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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: g.w. barnard who wrote (239)7/8/1997 9:20:00 AM
From: Rosemary   of 572
 
GW,

The problem with the covered calls is that if it does go up to where I expect it to go, I would probably have to give up my stock too soon.

The 10 or 12 strike price will most likely be called and that would be leaving some good bucks on the table for someone else to have.

I noticed the selling on tc2000 lately. What are these people thinking? Did they buy this stock so low that this is a profit for them? I don't think so. First thing I would want to do is take a loss before I have any reason to. Its nuts. In one months time, we will have an answer. There are lots of people who will buy in soon because they are gamblers, pure at heart gamblers. So why sell now knowing there will be this sudden interest. Look at the volume lately. It speaks volumes.

I think regular calls would be the place to go with my bucks. BTW, they upgraded the bio-techs today. I wonder how that will affect ABTI?
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