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Biotech / Medical : Sepracor-Looks very promising
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To: M. Ramle who wrote (2351)4/15/1999 9:21:00 PM
From: Bob Swift  Read Replies (1) of 10280
 
Mazen,
A look at the chart suggest that there should be a sharp rebound tomorrow for the simple reason that nothing goes up or down in a straight line and be able to continue that way for long. By whatever standard, we have reached an oversold (way way oversold). Secondly,any fund manager worth their salt ought to be buying right now. Fidelity bought at a price as high as 131, what are they doing not buying at this level (may be they are)? Managers not buying at this level ought to be fired. If they are afraid, then they do not practice averaging in and just follow the herd! If they think SEPR is now dead meat, they ought to have done their DD before buying a few weeks earlier. Either way, they should be fired if they don't buy now.
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