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


To: M. Ramle who wrote (838)5/5/1998 8:53:00 PM
From: billy d  Read Replies (1) | Respond to of 10280
 
I'm still not concerned Mazen. Almost every biotech was down today.
AGPH happened to be up on news of a new cancer trial (quite timely on their part) but that was up almost 5 points at one time and ended up a bit over 2 points.

I guess we come from different schools of technical trading but I still feel that this market is VERY sector driven and that is a very important thing to keep in mind. How well your stock does relative to its sector is very important.

I too would like to see more volume but the real key to me is no one is rushing to the door to get out of SEPR. We are making a slow but sure move upward.

Over the last few days it was vogue to buy the companies who are doing cancer trials on mice, which buy the way even if effective in mice have a 10,000 to 1 chance of making it to market. This is a fact. Although they may not sporting a product that could cure cancer and as far as biotech goes may seem "boring", SEPR's pipeline is loaded with potential blockbusters. In time I believe many others in the investing community will see this.

Good luck to all.



To: M. Ramle who wrote (838)5/5/1998 10:27:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 10280
 
I agree with your analysis of the chart. The convertibles have indeed put a ceiling on this stock for the time being. On a longer term basis, I must agree with Billy D, that SEPR's ability to go to new highs in the face of the BTK's weakness is truly impressive.

Tom