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Biotech / Medical : Sepracor-Looks very promising

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To: Thomas M. who wrote (840)5/5/1998 11:55:00 PM
From: M. Ramle  Read Replies (1) of 10280
 
Tom:

The indications I am getting from my technical analysis is that both the daily and weekly charts have positive uptrends thus far. Depending on the rest of this week's move, I am hoping that both charts would remain in positive uptrend, otherwise, the daily could turn down and take the weekly chart down with it for another re-test of the $42-43 area.

My concern over the near term is more directed toward's the overall market rather than SEPR individually, and with the Unemployment Report coming out this Friday, it could be very interesting. I am seriously contemplating selling the May 50's Covered Calls for a time value of approximately $5/8 which is not so bad.

Anyway, GOOD LUCK.
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