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Biotech / Medical : Sepracor-Looks very promising

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To: Ed Ajootian who wrote (1143)9/10/1998 6:53:00 AM
From: billy d  Read Replies (1) of 10280
 
Ed and Mazen,

IMO with all of the gyrations in the market lately, I think its gonna be difficult to really say what fair value is on SEPR.

As with the rest of the market, nobody is really sure what kind of multiples to apply to any stock but as I have said before, don't look for SEPR to rally strongly in the face of what I still believe to be the beginning of a bear market. I still see alot of complacency and denial in alot of investors.

I think that it will take some real positive, unexpected news from the company to fight this trend.

Don't get me wrong I still think SEPR is one of the great values in biotech but your odds of a good rally are greatly decreased when the market currents are flowing against you.

Best of luck.
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