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

To: Biomaven who wrote (768)	12/29/2005 9:40:24 PM
From: tom pope	Read Replies (1) \| Respond to of 897

Yes, but Peter, is that bad avian flu news at all likely to erupt this year? (When I was a schoolboy in England and my relatives sent me packages of goodies to ease the pain of being in an English boarding school, I hauled out a jar of raspberry jam at breakfast one day and was sharply reminded - Pope, there is a time and place for everything! (Brits do not eat jam at breakfast, it appears) This is not the time for avian flu related stocks, I believe. Things will change no doubt, but not in the near future, I think.)

To: Biomaven who wrote (768)	1/2/2006 12:31:12 PM
From: I_Banker	Read Replies (1) \| Respond to of 897

It may well be true, but the "Avian Flu" requires a series of mutations to occur to become a pandemic. Maybe this will happen, but I feel it is not likely in the near term. Frankly, I feel that this whole potential crisis is a construction of the powers that be. SARS was with us and passed and with the focus of the WHO and similar organizations on this problem, it seems to me that the likelihood of an uncontrolled outbreak is minimal. Finally, even if the very small probability were realized, and the Flu became a legitimate concern, it would be long gone (with all the resulting consequences) before BCRX was finished with their trials let alone the approval process. But as a safety precaution I may buy some out of the money calls to limit my exposure or perhaps shift to playing put options.