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Biotech / Medical : Regeneron Pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?

To: jbn3 who wrote (531)	6/8/2001 6:12:15 PM
From: Scott H. Davis	Read Replies (2) \| Respond to of 3557

Don't know or do options, but does this imply that somebody has the right to buy yours at $45? So the price would need to get to 46 or so? I'm long, and you that may not be a major risk. REGN was seriously overbought siliconinvestor.com so some retracement is expected. Some folks with better timing than I (guess I bought in at about 32 in Dec) will be taking profits, as REGN has had a big short term runnup. Other items to consider, is REGN expected to announce some serious good news between now & then? Where is the market heading. Barring serious good news (probably 2 or more strong news items) or a material market rise, you'd be looking at REGN going up another 25% Is that start of Aug, mid or end? Most options to buy expire worthless. Looks to me like yours may also. Again, opinion from a non-options player. Scott