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


To: billy d who wrote (2940)5/24/1999 7:21:00 PM
From: BMcV  Read Replies (1) | Respond to of 10280
 
>>And here I thought my buy on Friday at 69 was so savvy.<<

It was.

And I wouldn't give the shorts too much credit. A lot of individual shorts must have gotten killed on the way up. Only institutional shorts can muster the resources to turn momentum around. And to me that's just manipulation--not a very credit-worthy effort.

But in one way or the other, SEPR was due for a correction, just nobody can pick the price at which it begins.




To: billy d who wrote (2940)5/24/1999 7:22:00 PM
From: Andreas Helke  Respond to of 10280
 
I would say we have business as usual at a volatile startup company. Those companies don't even need truly bad news to regularly loose and regain 50% of their market cap. Really bad news if good for a drop of 70% to 99% of their former market cap.

I have always expected that Sepracor would trade at 50% of its all time high. Look at the chart of any money loosing startup company to see what you can expect from that type of company. I just did not know if it would drop from $140 to $70 or from $400 to $200. Therefore I kept all the shares that I bought last year for $39.

The price drop does not bother me much. It was to be expected and finally provides better buying prices than we had in the last few months. I don't intend to sell my Sepracor shares for a few years and consider it very likely that I will get a few hundred dollars / share if I actually sell.

Andreas



To: billy d who wrote (2940)5/24/1999 7:32:00 PM
From: AgFinder  Read Replies (1) | Respond to of 10280
 
I think SEPR IR has something to think about.
The last press release of substance was the announcement that JNJ was not exercising the Nori option. SEPR responded with a press release detailing the upcoming CC on Monday. There was NO press release of significance that followed the CC, except the ML downgrade and the 10Q. As far as newspaper, Dow Jones, etc pickups on the Nori story, its as if the CC was not even heard. Perhaps SEPR should be detailing the Nori results in a Press Release instead ?

Ag.