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Technology Stocks : XYBR - Xybernaut -- Ignore unavailable to you. Want to Upgrade?


To: Michael Young who wrote (3420)3/19/2000 12:52:00 AM
From: rrufff  Read Replies (2) | Respond to of 6847
 
Here is another lemming who thinks he's an expert.

His top pick is Sepracor.

SEPRACOR HAS SIGNIFICANT LONG-TERM DEBT AND IT MAY NOT BE ABLE TO MAKE

INTEREST OR PRINCIPAL PAYMENTS WHEN DUE.

As of September 30, 1999, Sepracor's total long-term debt was approximately $491,651,000 and its stockholders' deficit was approximately $104,296,000. Neither the debentures issued in February 1998 nor the debentures issued in December 1998 restrict Sepracor's ability, or its subsidiaries' ability, to incur additional indebtedness, including debt that ranks senior to these debentures. Additional indebtedness of Sepracor may rank senior to or on parity with these debentures in certain circumstances. Sepracor's ability to satisfy its obligations will depend upon Sepracor's future performance, which is subject to many factors, including factors beyond its control. It is possible that Sepracor will be unable to meet its debt service requirements on any of its outstanding debentures. Moreover, Sepracor may be unable to repay the 6 1/4% debentures or 7% debentures at maturity or otherwise in accordance with the debt instruments.