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Biotech / Medical : Theragenics (TGX) on the up and up -- Ignore unavailable to you. Want to Upgrade?

To: Solid who wrote (778)	3/29/1998 9:37:00 PM
From: Ron Kline	Respond to of 1055

I'm not sure what the options you are interested in are trading for but I would think they have lots of premium built in. I think the July 70's were something like 6 or 7 dollars. That means the stock needs to cross $77 just to break even at expiration. I think if you own the stock and it moves up into the 70's I think that you can make good money selling the calls a couple of months out. you will get a rich premium and if THRX does take a breather you can hold the shares and pocket the premium. To speculate on the call side might make you money but it seems to me that your risk is not worth the reward. But then I'm one to stay away from options anyway so I may be a little conservative in my thinking. Ron

To: Solid who wrote (778)	3/29/1998 9:53:00 PM
From: bill hopkins	Respond to of 1055

Actually what I think will happen is that on April 15 it will split 2 for 1 and then over the next 12 months probably move back towards $60, post split as Earnings Double... and they announce that their products work on more than just Prostate Cancer....Probably will surprise lots of folks...Eye, thyroid,brain,others...In my opinion lots more Oppty...Should be FUN.....

To: Solid who wrote (778)	3/30/1998 9:34:00 AM
From: Jeffrey Beckman	Read Replies (1) \| Respond to of 1055

As I've posted a few times, I follow the accumulation/distribution pattern on THRX via Telechart 2000's, "Balance of Power" (BOP). The indicator seems to work fairly well with this stock. For instance, in '97, a few days post "New America", the stock declined to the mid-low 20's, but stayed at 100% sized green bars (as good as it gets). The volatility was heavy in the summer, but BOP stayed maximum, beginning to decline slightly before it went over 50 and crashed. Red bars then dominated for quite a while. After the last earnings, we again had maximum-sized green bars. They turned yellow when it hit 60, and there were moderately-sized red bars (distribution) for awhile. Over the last few days, the bars turned yellow again, and then green 2-3 sessions ago. Friday's reading was a 30%-sized green bar, up about from about 20% on Thursday. So, there are positive signs. We shall see. Jeff