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


To: quidditch who wrote (3022)5/26/1999 9:56:00 AM
From: David Howe  Respond to of 10280
 
<< I am assuming you mean 50% p/a. >>

Yes, 50% per year.

Dave

I'll go back to lurking. The new posters got me riled up. The last few weeks have been a bit irritating, if you know what I mean. <g>



To: quidditch who wrote (3022)5/26/1999 9:58:00 AM
From: jeffbas  Read Replies (1) | Respond to of 10280
 
Thank you, Steven. I would have posted the same thing when the price was $140. The price is just more interesting now, and worth paying attention to. Discounting this risky future earnings model to provide an annual return of something like 50% is what a prudent investor should require of this or any other similar investment.

As I am neither long or short the stock, I have no agenda except to determine whether I should buy it. Your agenda seems to be to discourage people who suggest that previous valuations were excessive.
Do you have some high priced stock hurting you?

I believe that $55 1/2 will prove to be the low of this move, absent
bad fundamental news on the company or a grinding general market decline to Dow 9000, as some poster's broker was forecasting.