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Biotech / Medical : Sepracor-Looks very promising

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To: M. Ramle who wrote (1142)9/9/1998 7:24:00 PM
From: Ed Ajootian  Read Replies (1) of 10280
 
Mazen,

I don't feel it is over-valued. I feel that it is approaching fair value.

Once they start actually marketing drugs, I feel that the stock is really gonna start acting even more schizoid than it has recently. The investors who are looking for instant commercial success will no doubt bail, while the ones focused on the pipeline will be buying.

I really hope you are right and I'm all wrong! I still own a ton of the stock.

I'm still intrigued by SEPR options. A kind soul gave me an excellent site for SEPR options quotes, as follows:

cboe.pcquote.com

Check out another spread I'm thinking of: Buy the April 45's & sell the April 65's, for a net debit of just about $8.50! Another relatively low-risk shot at a double over the next 7 months.
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