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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: panteon who wrote (18069)	1/7/2002 11:24:07 PM
From: Jane4IceCream	Read Replies (1) \| Respond to of 19633

All depends how you like your cappuccino.... 3fatchicks.com Jane

To: panteon who wrote (18069)	1/7/2002 11:29:46 PM
From: Tom Hua	Respond to of 19633

panteon, I'm not done with IMCL. After I find out the date the company meets with FDA this month, I'll on that day buy a large number of puts and short the common to the max. After the meeting, my guess is the company will come out and announce the need for aditional clinical trial, basically fess up on how they messed up big time with the earlier trials. WS will also question IRAC's interpretation of results. In the event stock bounces over 40 before the meeting, I'll just short the common. Regards, Tom