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


To: BMcV who wrote (3054)5/27/1999 9:31:00 AM
From: chirodoc  Respond to of 10280
 
drugs are out of favor, sepr is out of favor.......
any time you can buy a drug company with this many drugs in the pipeline, with such an efficient FDA preparation process 50% below its high (albeit the high was a bit inflated),there is market capitulation.

i am still buying this company and look forward to a stock price in 1-2 years that will make me smile.

as a chiropractor i treat thousands of patients every year. i guarantee you they will choose a drug with less side effects over one with more, they will choose oral before injection--anyday.

even without a great sales force, this company will continue to add to the market, every year, a drug or two that will have less side effects than a competitor. forget all of the new drugs coming to market as a huge threat. most patients still take motrin and will continue to take drugs that they feel are safe, easy-to-take and effective. this will be a powerful drug company in 5 years.

i am also buying more pfizer--what a gift.

curtis



To: BMcV who wrote (3054)5/27/1999 9:36:00 AM
From: Biomaven  Read Replies (2) | Respond to of 10280
 
I agree with several thread participants that the IgE story has nothing to do with SEPR's weakness. If this was perceived as a serious threat to the antihistamine market, we would have seen major weakness in SGP compared with the other pharmas. This has clearly not been the case:

techstocks.com

For an example of the superficial "analysis" that has helped drive the stock down, let me offer this, quoted from a glowing article in TheStreet by Herb Greenberg (who usually knows better) about one Jordan Kimmel, president of Magnet Investing in TheStreet:

Then there was the time, shortly after he called on McKesson, that he sent out a warning about Sepracor (SEPR:Nasdaq), the now-fallen biotech giant, which lost its air after Johnson & Johnson (JNJ:NYSE) chose not to exercise its option to co-promote a new version of Sepracor's allergy drug. "It had high debt, extremely decreased revenues, insiders didn't own a share and somehow this stock was going up because of momentum players. As soon as the momentum broke, I went short."

Peter