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Biotech / Medical : Sepracor-Looks very promising

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To: M. Ramle who wrote (899)6/17/1998 7:16:00 AM
From: billy d  Read Replies (1) of 10280
 
Mazen,

I too am quite frustrated by SEPR's performance lately but have been through this many times before.

As I have previously stated, looking at general market conditions and relative performance to its peers sometimes puts things in a better perspective for me.

Many biotechs are well off their highs and most of them more then SEPR. Now granted SEPR has done worse then the overall market in the last 2 months but so have other companies in their sector.

Also, keep in mind that according to Smart Money on-line, SEPR rose 166% last year. Some consolidation is not surprising to me.

As for me I have been buying shares in the low 38's (38 1/2 yesterday) and selling in the low 40's. I do this only because these are margin trades.

I do hold a bunch of shares that I do not trade but one thing I am relatively sure of. Sometime soon I will sell some shares in the 40's and this baby will keep on going up!

Keep the faith.
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