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


To: Biomaven who wrote (1440)11/17/1998 11:01:00 AM
From: Vector1  Read Replies (2) | Respond to of 10280
 
Peter,
This is in response to all of the comments on the Maris note.

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First as many of you know I am long SEPR and it is one of the stocks in the VD model portfolio. Second, for the reasons stated by Peter S. I disagree with Maris's conclusion on the risks associated with single isomer development. With a relatively low risk of development for a drug development company yes $5.30 in 2001 would imply a huge gain from current prices.
However, whenever I am long a stock I tend to analyze more carelfully analyst I disagree with. I take everyone who publishes seriously. What concerns is the company's arogance in excluding an analyst from a major wall street firm. I hope they don't become the Albert Belle of biotech. Granted 50 home runs and 125 RBIs a year is not bad production. In the long run it will hurt the multiple
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