Illumina (ILMN) Optics for Genomics Message Board

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Biotech / Medical : Illumina (ILMN) Optics for Genomics

ILMN 120.02

-2.8%

9:30 AM EST

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To: mopgcw who wrote (199)	11/29/2006 7:46:55 PM
From: A.J. Mullen	Read Replies (1) of 276

keep us posted on what you do with the shares. I hedged my position by buying ILMN puts, then bought 30% more SLXA. If ILMN recovers and the merger goes through, I'll end up with a double weighting in ILMN. If the merger goes through and ILMN falls below 35, I'll have a half weight in Ilmn. The worst case for me would be the merger failing. SLXA will still have the infusion of $50 million - presuming it's not SLXA that calls it off. Ashley

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