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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (836)	3/30/1998 6:02:00 PM
From: Jacques Tootight	Read Replies (1) \| Respond to of 9523

Well, the biggest mistake I've always made with my options is getting too greedy and leaving the money on the table too long. I got the Apr 90's at $2, thought I'd take the money and run if/ when they hit $9 tomorrow. Overall mkt looks a little dicey this week. You really think this is going to keep running hard to the 20th? Thanks - rc

To: Jerry Olson who wrote (836)	3/30/1998 6:19:00 PM
From: Brian Malloy	Read Replies (1) \| Respond to of 9523

Because April is gonna be a volatile month. In general the put to call ratio is turning around with premiums on puts increasing. It would appear that big money is planning for a market reversal or preparing to unload some stock and lock in profits. The prudent short term investor or trader in PFE especially if holding April options would be smart to lock in some profit. Additonally, time decay will start nibbling away at your profits. The run of the past three weeks will not be reduplicated in the comming three weeks. The fast money has been made at this point. With close in options, Don't be GREEDY Regards, Brian