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


To: IRWIN JAMES FRANKEL who wrote (2521)4/22/1999 11:07:00 PM
From: Bob Swift  Read Replies (1) | Respond to of 10280
 
Don,
I think Art was referring to the yahoo board rumor that JNJ may buy out SEPR at 155. That was proved to be a rumor, most likely planted by market makers because a call to SEPR IR drew a definite NO, NOT TRUE answer. That was on the yahoo board a while back. If SEPR got bought out at 155, those LEAPs with a strike price greater than 155 will become worthless.
The 155 price tag was the wishful thinking of the person who started the rumor. 155 ? How about 149.125 ?