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


To: Epicenter who wrote (1702)2/4/1999 1:17:00 PM
From: M. Ramle  Read Replies (2) | Respond to of 10280
 
Epicenter:

My take on the down-days with low-volume is very bullish. Technically, the chart looks absolutely beautiful, and my indicators point to a forthcoming breakout towards the $128-130 near-term.

Just buy on any dips around the $110 area for now. GOOD LUCK TO ALL.

Mazen

PS. Teabury22 - Bruce - Ed - Bob: Thanks for the welcoming posts. Boy, this is what I call "ROYALTY WELCOME TREATMENT" !!!!!!!



To: Epicenter who wrote (1702)2/4/1999 1:29:00 PM
From: Biomaven  Read Replies (1) | Respond to of 10280
 
Epicenter,

Strikes me that the stock has held up amazingly well in the face of a downgrade which also claimed that Xopenex would only be available next quarter. We've also seen downgrades based on price in other first/second tier biotechs.

Part of the recent move up might have been short covering - see the Jesse Eisinger article at Thestreet describing how the (misguided) 2nd-tier biotech short sellers had finally thrown in the towel.

Maybe some of the recent failures (CLPA, NRGN) have reminded people that SEPR's risks are considerably less for its pipeline.

As you point out, there's been no news of late, and so it's just us long-term holders and institutions left - just the way I like it. <G>

Peter