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To: reaper who wrote (149450)	2/6/2002 7:54:46 PM
From: mishedlo	Read Replies (1) \| Respond to of 436258

Reaper what is your long term target on IMCL. If the drug is approved can it get back to 40 by 2004? If it does not how low can it go. Even if it is not approved, could irrational exhuberance take it up? I was thinking of buying the 04 30 leaps and selling the 04 40 leaps. I think the cost of this mess would be about $1. Any price above 40 would be worth $10. At $31 you are even. You are a long term kind of guy. What do you think of this risk reward? M