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


To: Epicenter who wrote (2358)4/16/1999 7:10:00 AM
From: reg  Read Replies (1) | Respond to of 10280
 
With the volatility yesterday in Inets and techs I imagine a few people are getting margined out.



To: Epicenter who wrote (2358)4/16/1999 9:33:00 AM
From: Biomaven  Respond to of 10280
 
I basically agree with your posture - I'm also a "long-term long." Every now and then the stock has a crisis of confidence when suddenly everyone thinks the roof is falling in. If you look back in the thread for the you'll see I've pretty consistently purchased calls or stock during these dips, though of course I don't usually get the exact bottom.

Fortunately the stock has a roach-motel characteristic for me, courtesy Uncle Sam (you can check in, but you can't check out...). With my average cost basis under $30, selling would be just too expensive <G>.

Nothing much unexpected in today's quarterly report. They would likely have mentioned if the roof was falling in, so this reassures me that this move is likely just the market, not the fundamentals.

Peter