Sepracor-Looks very promising Message Board

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Biotech / Medical : Sepracor-Looks very promising

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To: BMcV who wrote (1245)	10/6/1998 4:14:00 PM
From: M. Ramle	Read Replies (1) of 10280

Bruce: Thanks for your info. regarding Nightly Business News. As far as the increased average daily volume is concerned with the stock price going higher, I personally view that as very positive, since it is indicative of Accumulation by institutional funds. Also, notice that we seem to be holding very well above the 50-DMA which sits around the $59 area. We have successfully tested it several times during the last week or so, and bounced off the daily lows to close in the low $61 level. We even did that today as well. I was very concerned on the gap-up opening this morning but then the price drifted down to fill that gap around the $61 1/2-$62 area. This should lead to a more sustained up-leg very shortly. Most of my TA indicators are turning positive, and with any good news release, we should see the price take out the all-time high of $72 3/4. GOOD LUCK. Mazen

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