SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Arik T.G. who wrote (52637)9/15/1998 11:11:00 AM
From: waverider  Respond to of 58727
 
Concerning puts on MRK:

Stock appears to be ready to make a new high. 133 seems to have been resistance. O.K., so their osteo drug is estimated to bring in 765 million. That is the news that has been driving the drug stocks the last two days. Total revenues are 24 billion. That's about 3% for osteo contribution. PE on 1998 is 31. Growth rate is 15%. Market appears to be ready to correct again.

207.95.154.130

Anybody else have an opinion? I'm just about ready to buy some January 120's (puts).

<H>