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Biotech / Medical : Sepracor-Looks very promising
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To: Don Miller who wrote (1945)3/5/1999 3:23:00 PM
From: Neuroguy  Read Replies (2) of 10280
 
I'd be positively dejected if JNJ picked off SEPR for 155. Consider what this looks like in terms of earnings and growth over the next 5-9 years, and compare that to JNJ.... You couldn't pay me to hold JNJ long in deference to other investments. I sincerely hope that SEPR has the appropriate safeguards in place to prevent this. Seems likely that institutional holders like Fidelity would use whatever resources they have available to block such a move. Of course, for JNJ, it makes perfect sense.
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