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


To: Biomaven who wrote (15995)3/5/2005 7:45:51 PM
From: Sam Citron  Respond to of 52153
 
The usual method of protection is through the purchase of a "costless collar", where you sell a call and use the proceeds to buy a put. This is how Mark Cuban preserved the billions he made when he sold his broadcast.com to Yahoo shortly before the bubble burst.

Sam