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Biotech / Medical : Amgen Inc. (AMGN) -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (575)6/24/1998 8:47:00 PM
From: PAL  Read Replies (1) | Respond to of 1906
 
A lot of money is betting on the takeover. The call option volumes soared:

July 65 call (AMQGM) 4483 contracts 8966 open interest
July 70 call (AMQGN) 4000 contracts 1697 open interest

One analysts said that JNJ taking over AMGN makes sense. Tomorrow will be interesting.

Paul