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Biotech / Medical : Sepracor-Looks very promising

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To: B. A. Marlow who wrote (2465)4/20/1999 10:56:00 AM
From: j_fir2  Read Replies (1) of 10280
 
Re: Fidelity: yeah, but see this from today's NYT front page story:

"Shares in Big Reversal as Traders Flee Technology Issues"

<<Adding to investor concern about growth stocks in general and technology stocks in particular, was the news on Friday that Robert Stansky, the manager of Fidelity's Magellan fund, had sold large positions in many of the hot technology stocks that had been his biggest holdings. Stansky moved into more mundane stocks that were trading at lower premiums to their earnings growth rates, so-called value shares.>.

Welcome Art and HHPolk

You know, put this all together: split rumors, buyout rumors. FDA cautionary letter. Short squeeze/short attack and possibly (IMO) related implosion of the Yahoo board. Some insider sales. Then the Maris downgrade. All working hard on SEPR's small liquidty, recent bull runnup on still negative earnings. Direct factors could have forced SEPR's price to behave as it has. That's before you factor in the massive defection from the tech/pharma market and the market as a whole.

I might have just written that in shorthand, can't tarry here now. Most of you will follow, I think. It's just that the pressures up on the stock and the pressures down seem, IMHO, to be intensifying.

Darned hindsight!

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