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Biotech / Medical : WebMD Health Corp

WBMD 66.48

0.0%

Sep 18 4:00 PM EDT

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To: Michael Olds who wrote (306)	10/13/2001 11:27:17 AM
From: Sr K	Read Replies (1) of 326

They paid $5.285 per share and gave 100% protection (and later 80%) above $4.00 per share to 2003. And in doing so used $185 m of cash. "this great poker player has pulled off a stunning hand" What does that mean? It looks like there is no resistance on the downside, and at every temporary level, there is resistance 20 to 60 cents higher. WebMD has given up a card (cash) and seems weaker after this deal.

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