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


To: Thomas M. who wrote (1112)9/2/1998 12:31:00 AM
From: Bob Swift  Read Replies (1) | Respond to of 10280
 
For long term investors, as long as there is no margin call, it hardly matters what price SEPR is at short term. The launch of levalbuterol will push SEPR up before the end of this year. My goal is to accumulate as many shares as possible before it gets to be too high for my limited amount of capital. I am not that good at guessing if DOW will or will not hit 6000 but I do think that SEPR will go up as time progresses and there may not be a chance to get in at this level in the future. Up to now, I have bought a total of 20 times over the past couple of years, including the time when it dropped from 25 to 19 1/4. It always look scary and expensive at the time but it pays off in the long run. Besides, if the DOW drops to 6000, what kind of stocks will investors flock to ? Drug companies !