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To: Cynic 2005 who wrote (49405)6/25/1999 1:01:00 PM
From: John Pitera  Respond to of 86076
 
Mohan, I see that somebody bought 25 of the CNTO Jan 50 calls.

it is an interesting idea, If CNTO could break through the 3 year top at 52 it could move quite a bit higher , the low at 42.56 was just a bit above the 200 dma.

the forward PE is climbing to 31 from 10 I see.

I am considering some possible long plays for myself