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Biotech / Medical : Sepracor-Looks very promising

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To: j_fir2 who wrote (3588)8/14/1999 12:26:00 AM
From: Herc  Read Replies (4) of 10280
 
TOTALLY STONE COLD SOBER AND STILL BEARISH ON SEPR. This company is offering generics with a difference, and there won't be enough difference to warrant a price premium. And it is HIGHLY unlikely that the drug industry will continue to escape the pricing pressure affecting the rest of the medical industry.

You poor saps are so in love with the stock because it made you some money that you won't listen to a REAL LIVE PRACTICING PHYSICIAN. Just because you know chemistry gives you some special insight into the drug industry. Yea, right! I have had SO MANY detail men in my office trying to justify my switching to a slight modification of an existing drug. And the alleged benefits were never there.

Go ahead, compare its multiples with Pfizer or Merck. And they have the resource to come up with totally new drugs.

I am neither long nor short SEPR. I am doing this just out of the goodness of my heart.
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