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Biotech / Medical : Sepracor-Looks very promising
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To: BMcV who wrote (2947)5/24/1999 7:56:00 PM
From: Bob Swift  Read Replies (2) of 10280
 
Lots of talk on its way up, complete silence on its way down. If the management is so screwy in dealing with investors, how competent is it in selling the drugs ?

Last time SEPR lost 2/3 of its value (from something like 21 to less than 7 in a few months), it took almost a year for the price to recover. At the current rate, we will see a decline of the peak market cap to 1/3 of its value in a couple of days if not sooner. How long before it can regain its strength in this 40% overvalued market(heard on CNBC), which starts to crack at this moment, is anyone's guess. Tell me if I am wrong, but all day today, any remote attempt to rebound was met with "I'm getting out" sellings. At this point, it may be a little too late to sell, or is it ? Of course, it is always the worst at the bottom. May be if we pray hard enough, some licensing agreement may come forth.
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