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Biotech / Medical : SIBIA Neurosciences (SIBI)
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To: RWReeves who wrote (357)5/26/1999 4:23:00 PM
From: LLCF  Read Replies (1) of 579
 
<Seems like for the $ paid, plus clinical development, a bit cheap for the package which does seem to amount an inexpensive call.>

On the face of it I agree, and usually people don't realize how valuable an options contract can be, weather it's land, patents, whatever. BUT as Rick's post points out it all depends apon the royalty rate, which we don't know. It would be nice if LLY would pick up the P3, cheap sons-a-b**chs.

dAK
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