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Biotech / Medical : Summit Technology (BEAM) -- Ignore unavailable to you. Want to Upgrade?

To: Manny Gugliuzza who wrote (992)7/16/1998 10:28:00 PM
From: John Binford, Jr.  Read Replies (1) | Respond to of 1386
 
I don't believe options are affecting the stock at all. The total open interest call volume for July is only around 440 contracts (total of all strike prices).

If anything the premiums on the calls are very low. Even with the new volatility in the stock and the improvement in the industry, not much boost in the premiums on the calls.



To: Manny Gugliuzza who wrote (992)7/17/1998 4:43:00 AM
From: WHL  Respond to of 1386
 
You are right. We have backfilled here on this upward move. The backfilling is about over IMO. Let the games begin. BEAM's earnings report hopefully will be the last single digit report of BEAM during our lifetime. The report will probably include income restated upward for the last several quarters IMO.


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