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


To: BMcV who wrote (1737)2/16/1999 7:28:00 AM
From: billy d  Read Replies (1) | Respond to of 10280
 
Bruce,
I whole heartily agree that although the chances of this being an unfounded rumor are 95%, if anyone is going to take out SEPR its going to be JNJ. The question is at what price.

I personally don't want it to happen but if they do bid I would have to guess it would be in the mid to high hundreds. Sill not enough IMHO.

Does this spark a bidding war? Maybe Schering and Lilly also have interest. It just seems a high price to pay for a company, although VERY promising,that is still in the red big time. But who knows?