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Biotech / Medical : Sepracor-Looks very promising

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To: Andreas Helke who wrote (877)6/4/1998 7:41:00 PM
From: M. Ramle  Read Replies (1) of 10280
 
Andreas:

According to Lehman's Analyst, Sepracor is expected to earn approximately $5.75 per share in year 2002 based on a fully-diluted basis, with an additional $1.00 per share if Eli Lilly signs a joint-venture agreement for their Prozac ICE with Sepracor.

One would expect the Company to come out and make an announcement of their knowledge (or no knowledge) of the reason behind this 30% drop in their Market Capitalization, which is not something to sneeze about. This recent drop in my opinion is more than just market weakness or correction. Some big Fund Manager is most likely bailing out of SEPR for whatever reason it is. Anyway, I personally don't foresee the price pick-up for quite sometime after this severe drop. Good Luck.

Mazen
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