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Biotech / Medical : Sepracor-Looks very promising -- Ignore unavailable to you. Want to Upgrade?

To: Bob Swift who wrote (1913)3/4/1999 7:12:00 PM
From: BMcV  Read Replies (1) | Respond to of 10280
 
Oh, why, oh, why
Why didn't I
Buy those LEAPS
That were so cheap
But seemed so dear?



To: Bob Swift who wrote (1913)3/4/1999 8:55:00 PM
From: Jill  Read Replies (1) | Respond to of 10280
 
Bob, Re: Leaps

It makes sense, but do you get just a little nervous that there could be a sea change or serious reversal down the road? Seems very unlikely, but SEPR is a biotech nonetheless, even if unconventional one?



To: Bob Swift who wrote (1913)3/6/1999 1:28:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 10280
 
Let me just add that Peter's technique was to buy the farthest out and highest strike options for SEPR, after the stock had declined sharply. I don't want to speak for him, but I don't recall him buying these calls when the stock was breaking out.

Tom


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