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Biotech / Medical : VD's Model Portfolio & Discussion Thread
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To: nigel bates who wrote (9173)3/7/2002 7:20:24 PM
From: Vector1   of 9719
 
Hopefully SEPR will be able to make a similar announcement in a month or so. The news today on SEPR was devastating. After listening to the conf call it appears that SEPR had no idea of the FDA's concerns. The company has $1.2b of converible debt but $840m of cash and they will lower their burn. Until we have more from the FDA the company is difficult to value.

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