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Biotech / Medical : Sepracor-Looks very promising
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To: Thomas M. who wrote (1334)10/28/1998 10:43:00 PM
From: Biomaven  Read Replies (1) of 10280
 
Tom,

The calls as a percentage of the stock price don't get any cheaper during the panics. They're just a good way to play the declines if you have limited capital resources. I've bought distant calls at under $2, but that's because the stock price was much lower then and there happened to be a high strike price option available at the time.

Peter
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