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Biotech / Medical : Sepracor-Looks very promising

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To: Ed Ajootian who wrote (1130)9/5/1998 8:01:00 PM
From: tnsaf  Read Replies (1) of 10280
 
One thing to be careful of is that these options can be exercised at any time. If SEPR should hit 100 in December, the 60 calls might be exercised, say to cover a short position. If the calls were not sold as covered calls, it is possible that your broker would buy shares in the market to deliver to the caller for you. Something to check.

Jason
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