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Politics : Idea Of The Day
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To: J.T. who wrote (9257)9/9/1997 4:06:00 PM
From: Logain Ablar   of 50167
 
JT:

With AMTX I didn't go into calls but am now looking at the January and April $17.5's. I like the time factor and think an announcement will be in Oct or Nov at the latest (Oct for the chip, GTE deployment in Nov. vs. the threads hopped for Sept. / Oct.). Any feeling for a good strike price and should I wait a week as the MM's move the price down?

I did purchase some LGND's that have done well so far. I do expect a couple of announcement b/4 the end of the year to propell the stock into the mid 20's. The fundamentals look good (although as a bio tech it won't make much for a couple of years) and long term this is a gem (until the FDA slows down approvals, etc. <ggg>).

Thanks for your comments in advance and I know they're just your opinion (which I respect like many others here).

Best regards,

Tim
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