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Biotech / Medical : ATIS is on the move! -- Ignore unavailable to you. Want to Upgrade?

To: John M. McCann who wrote (1381)	1/31/1998 1:01:00 PM
From: David S.	Read Replies (1) \| Respond to of 2205

Being confused, I asked Bill Clinton about ATIS, he responded, "Foreskin and seven years ago,..."

To: John M. McCann who wrote (1381)	1/31/1998 6:14:00 PM
From: Marshall Teitelbaum	Read Replies (2) \| Respond to of 2205

Jack, Ican, etc. Another key with options may involve that many have invested for short-term, meaning feb., although there are those who went march and even june. This means that there is much reason to try to hold the price under 15 through at least the 3rd friday in february to allow the feb 15 calls to expire worthless. This type of very busy option market can serve as brakes as much as the heavy shorting can. Ultimately, the key for the company is to stay on track fundamentally and scientifically. Nevertheless, this looks to me to be a large chunk of the reason for the heavy resistance at 15, at least in the short-term. Regards, Marshall