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Biotech / Medical : Sepracor-Looks very promising

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To: BMcV who wrote (2434)4/19/1999 3:17:00 PM
From: David Howe  Read Replies (2) of 10280
 
The reason I'm in this stock is definitely because they may have X amount of earnings in year Y. No other reason.

Clearly the stock market has a mind of it's own at times. The value of SEPR today is approximately the same as it was two weeks ago, IMO. The price per share is much lower.

I'm looking a few years out. Buying and holding. I don't trade options although IMO calls and leaps are at attractive prices right now.

The 4% drop in Prozac sales is so insignificant that the earnings model is barely worth modifying.

This is a somewhat off base comparison, but would you care if you were given $2.7 billion instead of $2.8 billion?

Dave
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