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Biotech / Medical : Sepracor-Looks very promising

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To: M. Ramle who wrote (869)6/2/1998 9:32:00 PM
From: Biomaven  Read Replies (1) of 10280
 
Mazen,

I can't believe the Prozac/Effexor study had anything at all to do with SEPR's price performance over the last few days. SEPR's ICE for Prozac is just a nice "what-if" at this point. It would be great if they can do a deal with Lilly, but whether they do so or not, and the impact of any such deal, is independent of marginal changes in efficacy claims between Prozac and the other SSRI's.

At this point, I'm sticking with my guess that we'll see some analyst push some estimates of near-term earnings further out, and that this is the cause of the weakness.

We've seen sudden weakness in SEPR stock before for no rhyme or reason, and this could of course be another of those instances.

Peter
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