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

To: Don Miller who wrote (2069)	3/22/1999 3:16:00 PM
From: RCMac	Read Replies (1) \| Respond to of 10280

Don, Thanks for tracking down that post 1322, which is part of what I remembered when I recently answered your question re poison pills. Post 1322 includes "re: possible takeover. Southwell [at a 10/21/98 brokers' lunch] says they realistically aren't worried about one happening until '00 at the earliest, since before that time it would be too dilutive to the earnings of the acquirer. He seemed unconcerned. Sense seemed to be, "let's see where the stock closes out '99 and then play it out from there". My feeling is that a hostile takeover indeed is not a realistic possibility until 2000. Insitutions own the majority of this stock and it is unlikely that they would jump at a tender offer anywhere near the current quote." The link is: Message 6157853 which is a response to my post 1313, asking Ed Ajootian to ask SEPR brass "why they don't have a poison pill or some other defenses against a hostile takeover" Message 6095322 --RCM