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Biotech / Medical : Vivus, Why the Slide?

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To: Linda Kaplan who wrote (3863)9/24/1997 3:15:00 PM
From: Web2   of 3991
 
Linda,

You may want to be careful with the near term(oct) options. this stock
is no sure thing near term. Any news that is perceived as negative
by the press, such as the mchm story, could hold the price down for
a while. Also profit taking, etc.

to anyone holding more that 200 shares and thinking of selling,
consider writing covered calles on half your position. A march 35, is worth $9.00, so 35 + 9 = $44.00 a share. And if the stock goes down near term you can buy them back cheaper and keep your stock.
many benefits to this, only risk is you sell half your position at $44.00. Not bad.

Regards.. Bill
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