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Biotech / Medical : Xenogen (XGEN)

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To: tuck who wrote (40)2/13/2006 10:14:51 AM
From: fred hayes  Read Replies (1) of 45
 
Hey option guys: Looks like you get a warrant to buy CALP for effective price of about 90 cents with xgen at $3.36. Strike price of 6.79 with term of 5 years. Any opinions? Looks awful good on its face, at least to me...

my arithmetic: calp 5.50 x .575 = 3.16 base value xgen
current quote 3.36 is 20 cent premium to get .223 of one warrant. Does this sound right?
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