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Biotech / Medical : Sepracor-Looks very promising
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To: Brumar89 who wrote (1208)9/28/1998 7:21:00 PM
From: M. Ramle  Read Replies (1) of 10280
 
Brumar89:

Although my near-term price objective had been met and given the fact that we are in an un-chartered territory, it is very difficult to predict the next move. Nevertheless, I could still expect SEPR to trade around the $76-80 price range very shortly, given the recent buying momentum in SEPR stock and the pending news on FDA final approval for Levalbuterol.

Also, note that we have come a long way very strongly and quicker than anyone would have expected. Therefore, some consolidation for a couple of weeks between $65-70 would not be ruled out.

GOOD LUCK.

Mazen
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