SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : URMD -- Huge market potential

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tony di fatta who wrote (185)12/31/1997 10:58:00 AM
From: Hugh A. McWhorter   of 369
 
Tony--The extent of what I know about the company I have read in Individual Investor magazine. What attracked me was reimbursement status being granted by several major health insurance providers. This told me the company was credible as I cannot imagine a fly by night operation getting attention from the likes of Oxford Health and Prudential Insurance.

As to the $5 put sales I have, for going on two years, concentrated on selling puts on stocks under $5. The combination of demand for what a company does and put premiums are what attracks me. I usually only stay with profitable companies so I did stretch my usual self imposed disciplines on this one. As a percentage of investment exposure put premiums can present a high rate of return.

Hugh
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext