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


To: rkrw who wrote (2819)5/18/1999 11:07:00 AM
From: j_fir2  Read Replies (1) | Respond to of 10280
 
Ed: Any chance you are going to the meeting? I notice you're in Mass.



To: rkrw who wrote (2819)5/20/1999 9:56:00 PM
From: Ed Ajootian  Respond to of 10280
 
rkrw,

OK, all set. I've dumped 3/4 of what at one point had been my "core" position in SEPR stock at this point. The stock is finally down to the point where I don't feel there is much downside risk at this point, so I think I'll keep what I got now. Still keeping the Jan '01 $80 leaps.

Wondering whether SEPR would have the guts to implement a stock buyback program at some point. They seem to have a surplus of cash unless they are counting on trying to market Nori all by themselves.

Sturza had a one-yr. target of $88 for this stock prior to the Nori debacle. Will watch him to see when & if he buys back SEPR for his model portfolio.

Until then, cya!