Sepracor-Looks very promising Message Board

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Biotech / Medical : Sepracor-Looks very promising

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To: Biomaven who wrote (2562)	4/28/1999 7:17:00 PM
From: David Howe	of 10280

FYI Today, Datek and potentially other brokers raised their margin requirements (to 50%) for SEPR due to volatility. This is possibly why we saw increased selling pressure today. Some people will be forced to sell at these levels in order to meet the margin call. The large drop today was on very low volume. The margin requirements for the internet stocks was raised 6 months ago or so. It caused a minor dip but they have since exploded to the upside. Another reason for the recent weakness is the continued shift from the high flyers into cyclicals. This has affected the whole drug and biotech sector as well as the tech stocks. IMO the shift is nearly complete and we will see an up trend in SEPR reestablished in the near future. Dave

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