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Biotech / Medical : Sepracor-Looks very promising

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To: quidditch who wrote (7273)1/9/2004 5:18:37 PM
From: Icebrg  Read Replies (3) of 10280
 
>>SEPR 27.25 +0.52>>

If this continues for a couple of days more there will be no problems selling those extra bonds. On offer are 50 mUSD worth of bonds converting at 31.89 and 100 mUSD which may be turned into equity at 29,84.

During the week the share price rose 11,5 % against for example a BTK that gained a meagre 1,3 %. The volume at 15,4 million shares was almost double the average (which would have landed us at 8 million).

Sepracor will be presenting at JP Morgan's conference on Monday. Some good news there in combination with a generally positive biotech atmosphere and those bonds will have been sold.
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