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


To: chirodoc who wrote (1389)11/7/1998 7:34:00 AM
From: billy d  Read Replies (1) | Respond to of 10280
 
Don't worry Chiro. I don't plan on buying any GERN. I always have and still do believe that SEPR is the best bet in biotech.

I just felt it strange how the market starts throwing money at everything in one sector due to one finding which is so early on.

My opinion is that the market is back to being overvalued and since most biotechs don't have earnings you can't get earnings disappointments in these stocks. Any other companies that are profitable are already overextended. To me, this last 4 weeks have been the quickest bubble I have ever seen. This "rush" to own stocks again is concerning to say the least.