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Biotech / Medical : Sepracor-Looks very promising

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To: M. Ramle who wrote (2111)3/25/1999 12:49:00 AM
From: Bob Swift  Read Replies (2) of 10280
 
Mazen,

The down trend today is quite different than yesterday's.
Yesterday it went down in a straight line. Today, it flattened at around 117 for several hours before giving in in the last 40 minutes.Seems like resistance to blindly dumping shares.
There are all kinds of theories flying around but it most likely is a correction in a down market. If I have time, I just might call Jonae to ask what they meant when they said at the conference call that Propulsid is working better than they expected. If it is what I think, it alone justifies the current valuation and then some.
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