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Biotech / Medical : Ligand (LGND) Breakout!
LGND 195.44-1.3%Jan 27 3:59 PM EST
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To: Earl Sacerdoti who wrote (8127)9/30/1997 11:26:00 PM
From: lavalamp   of 32384
 
Earl,

You would have to compute the carry cost between now and expiration in 2000 to determine that answer. From that result you would look to the time premium.....remember, to do what you suggest, takes more cash...granted ,interest rates are low....but Andy will have this computed already because what you suggest is not just applicable to Fallon, but also to Andy and all other LGNDW holders.
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