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Biotech / Medical : Sepracor-Looks very promising

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To: billy d who wrote (1144)9/10/1998 7:00:00 PM
From: M. Ramle  Read Replies (1) of 10280
 
Billy d:

One can't dispute your argument that this market stinks, and anything and everything standing in the way has been shattered lately. Nevertheless, one should take notice that this Company has held up rather well (relatively speaking to other Biotechs) in the face of the recent massacres we have seen in the market, until today when Biogen made a good run at it's 52-week high on very heavy volume. Most other Biotechs today were showing some strong buying except for SEPR (unfortunately).

Also, today's closing for SEPR at $51 1/8 was still very impressive (right around the 50-day DMA), and I would bet the farm that this stock will take off to new highs sooner than later. Good Luck to all.

Mazen
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