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Biotech / Medical : Cell Genesys (CEGE) -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (801)3/20/2000 2:24:00 PM
From: Tom Hua  Respond to of 1298
 
Bosco, I own CEGE but I also hedge with short positions in other biotechs. Shorted CLTX this morning in the low and mid 40s.

Regards,

Tom



To: Bosco who wrote (801)3/20/2000 2:49:00 PM
From: Bosco  Read Replies (1) | Respond to of 1298
 
Hi Tom - good for you. I ve overallocated CEGE by 60%, i.e., 160%, so I am not going to buy anymore. I ve never shorted a stock in my life. Sometimes I wish I did <sg>. Instead, I ve tried to be ultra conservative with my margin. None at all at the present moment, so I can at least wait out the falling knife.

Naz doesn't look too good either. Maybe last Fri was a head fake due to the triple witching. Today action seems to be saying N5K is not such a no brainer afterall!

best, Bosco