Sepracor-Looks very promising Message Board

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Biotech / Medical : Sepracor-Looks very promising

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To: David Howe who wrote (1066)	8/12/1998 10:04:00 PM
From: Ed Ajootian	Read Replies (1) of 10280

David, Congrats on your call of $50 being a bargain! We are just talking semantics here but I still say that a company is in the development stage until it has reported its first quarter where cash inflow is at least enough to cover all expenses before R&D. SEPR has now blown right through the $2 billion market cap. figure (using 36 mm shares fully diluted). Wonder what the record market cap. is for a company that is still a minimum of 2 years away from generating its first penny of EPS. Well, lets keep the internet stocks out of this.... in fact lets keep this restricted to the biotech crowd. So maybe some of the historians in the peanut gallery can tell us....what was the market cap. of Amgen or Biogen or Genentech a couple of years before they started generating earnings?

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