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


To: billy d who wrote (1115)9/2/1998 4:44:00 PM
From: Bob Swift  Read Replies (1) | Respond to of 10280
 
Billy,
I have come to accept that we are in a bear market and may be for quite some time (How long do you think this current bear market will last? 2 years?). However, with that as a backdrop, I have also decided to continue to accumulate SEPR with the understanding that I may see mid 30s on some crazy days.I will continue to accumulate even using a little margin till I reach an equity % of 60 if SEPR should drop to 30ish . If it drop to 20ish, I will sell enough to keep the bulk of it. With enough shares, I can pursue a dream in 2001 when SEPR hits 200+.
If it weren't for this bear market, SEPR could be in the high 70 by now. If it is too risky to buy when the price is high and we are too scare to buy when it is low because it may go lower, when do we buy ? Certainly not delay till 2001.There is just too many good thing going on with SEPR for us to second guess it now.