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Biotech / Medical : Sepracor-Looks very promising -- Ignore unavailable to you. Want to Upgrade?

To: fred hayes who wrote (9547)	6/22/2006 9:07:15 PM
From: Robohogs	Read Replies (2) \| Respond to of 10280

It is all speculation here. I would think a 180 day non-compete is next to useless anyway. Usually these things cannot preclude one from entering into agreements, just from putting them into force. Which would be fine for an M&A trade. I still cannot figure PFE's interest here as any takeout premium is likely 15x "slashed costs" earnings. I know quite a few folks are saying $65 for takeout. I still think it would take closer to $70 ($50 or so normalized recent price before takeover came out plus high 30% premium), especially considering 1 and 2 year highs on SEPR. It is not like so many broken companies where the stock halves and is then taken out below the old highs. Just my 2 cents as an ex-practitioner of M&A. I have been wrong before. Jon PS Little one is growing like a weed. And disrupting things!! Only thing not in health is the brokerage accounts!