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Biotech / Medical : URMD -- Huge market potential -- Ignore unavailable to you. Want to Upgrade?


To: Rick Riebesell who wrote (199)1/26/1998 11:19:00 AM
From: Hugh A. McWhorter  Read Replies (1) | Respond to of 369
 
If your medical background is limited it sure beats my non existent one. Individual Investor magazine was quite enthusiastic about URMD. I too have looked for a reason to get serious about this one. The numbers (as in sales and earnings) are non existence yet it continues to get support at the current level. If you really want to do a double take look at what you can get into this one by doing a $5 July covered straddle (buy stock, sell $5 call, sell $5 put). When I last looked the answer was 69 cents. What kept me from considering such a strategy further was the lack of numbers.

Hugh