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Biotech / Medical : Sepracor-Looks very promising

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To: dennis michael patterson who wrote (1819)2/25/1999 8:46:00 AM
From: wolfdog2  Read Replies (3) of 10280
 
Dennis, I was just checking through the posts to see if anyone had posted the link to the Forbes' article. Glad to see that you did. I notice that with the exception of one post, the article has been ignored by the board.

This board has become a cheerleading section for SEPR. There's a lot to cheer about, but imo not at current prices. As the Forbes' article notes, the earnings (several years out) are not a slam dunk affair. SEPR has half a billion dollars in debt and burns through cash like a drunk through booze.

I also question the recent enthusiasm for the small retail investor jumping into the stock. This crowd can jump out just as quickly. Just take a look at a chart of AMZN. In fact I dare say that SEPR (the stock, not the company) is the Amazon.com of the biotech world.
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