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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Rocketman who wrote (5139)	6/18/1998 3:52:00 PM
From: scaram(o)uche	Read Replies (2) of 9719

Rman: AGPH..... I don't hold the stock. I have a straddle strategy, distant expiration, favoring upside. I would not be surprised to win on the puts, and then win on the calls. Since I greatly admire the company, I hope that my puts expire worthless and that I only cash in on the calls. That's my way of indicating that fundamentals are unlikely to determine the price until they run up and punch everyone in the face. Business (Viracept) is great, but those with a short position are keeping a cap on the sucker. I'd buy GLIA. The offer is ready to go out. Second S-3 filed, it's beginning to look like it will finally price at about $13, down about 35% from recent highs. Looked at ARQL today? Why the heck are you asking me? ;-( Rick

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