SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotech Derivatives -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (383)9/13/1999 5:05:00 PM
From: Don Hurst  Respond to of 555
 
David, thanks for the prompt view. When I checked at the end of the day the volume on the Nov 5s was 900 each with 110 Oct 5 puts also. Don't know if the 110 Oct puts skews the bullish/bear view either way but since there were only 3 other options traded (Oct 5 calls) I look in the glass and it is half empty. Can you add water to make it tilt to the full side?

Thanks again.

Regards,

Don



To: LLCF who wrote (383)9/15/1999 12:39:00 AM
From: RWReeves  Read Replies (1) | Respond to of 555
 
Can I ask an OT heretical-theoretical question? No? Good.

Why in the heck would you run up a tracking stock? You can't ever get bought out by an acquiring company so your Probability x Price of (small p x BIG $) is zero. You can't get dividends as far as I know like this would be possible for Biotech anyway (exceptions not worth noting). So what kinda cash flows are you buying??

That having been said I happily play in the fields of GZxx (where xx= any two letter combination)along with the rest of em but do have trouble with the overall valuation.

RWR