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Biotech / Medical : Sepracor-Looks very promising

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To: BMcV who wrote (7302)1/22/2004 7:50:57 AM
From: Rocky9  Read Replies (1) of 10280
 
They have paid off $430M of that debt this month, so the current number is near $1B. Your point that net debt is up again is still valid, but the debt is not due for a long time. Even if Estorra doesn't make it, the MDI should be there to help pay-off the debt.

If Estorra doesn't make it, I would not be surprised to see the company sold (at a price much lower than today).

JMO.
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