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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (32710)9/22/1998 9:59:00 AM
From: Thomas M.  Read Replies (1) of 132070
 
Do you have a fair value price for Sepracor? Biotech seems to have bounced strongly over the past few weeks, though the cash-rich companies have fared better than the cash-hungry 2nd and 3rd tier. How do you come up with price targets for biotech stocks? Do you look at the brokers' puffy future earnings estimates?

Tom
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