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


To: David Howe who wrote (1767)2/19/1999 1:08:00 AM
From: David Howe  Read Replies (1) | Respond to of 10280
 
I got a little enthusiastic today. A big move like this can do that to me. Take my posts with a grain of salt. I can get a bit bullish at times.

For a laugh, I went back and found one of my early posts on SEPR. This was posted on the AOL board back in mid 1997 when SEPR was at 21 bucks (don't know if the SI board existed back then). I was overly optimistic regarding earnings (we've since seen that the Hatch Waxman Act slowed down our progress and the Allegra legal problems have continued much longer than I'd predicted). I was in all likelihood fairly accurate in regards to the stock price, predicted to be 150 at some point in 1999. Looks like that should be surpassed easily.

Look at the last sentence in my post below. I think it still applies today.

Dave

<<<<<
Subject: Chart looks good
Date: 8/20/97 2:13 PM Pacific Standard Time
From: RUPEH
Message-id: <19970820221301.SAA05744@ladder01.news.aol.com>

Forming a bottom in the 21 - 22 range. Strong support at 20. Should move back to it's high of 27 in the next two months.

This company has locked in earnings of $3 per share by fiscal 1999. At a PE of 25 that puts the stock price at $75. It has the potential to have between $5 and 8 per share in earnings by 1999. Let's say 6 with a PE of 25 that puts the stock price at 150.

It won't just be 21 one day and 150 the next (in 1999) it will trend upwards from here. For example, I've watched my IMNX go from 12 to 40 in the last year and they still lose $2 per share every year. They hope to show a profit in a few more years.

The stock market prices a stock based on future earnings. We are about to see SEPR move to reflect it's earnings potential.

Dave >>>>>