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


To: Bob Swift who wrote (1769)2/18/1999 11:26:00 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 10280
 
Bob,

I think all this really is is the retail crowd finally waking up to this thing. Notice all the enthusiastic newbies joining the Yahoo thread all of a sudden. And the institutions are uncharacteristically not selling into the hype.

At some point the big boys will start dumping and act like a regulator of sorts. The other thing to keep in mind is that there are still a lot of convertible bondholders who had bought bonds convertible at $47 last February who have yet to short stock in order to lock in their gains. Even with 2 years still left to go before the bonds are redeemable, something tells me a lot of those remaining folks are gonna start shorting right around now, to lock in their triple.

The age-old line about bulls, bears, & pigs is weighing very heavily on my brain right around now. If SEPR goes to $500 I'm out, thank you very much. I would then retire the next day and become a ski bum 'till I can't rip up the bumps any more!