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


To: j_fir2 who wrote (3121)6/1/1999 11:17:00 AM
From: jeffbas  Read Replies (2) | Respond to of 10280
 
I have no position at this time, but am considering going long. My bias, however, is that except for a technically oversold condition
(making the stock temporarily more likely to go up than down), the stock seems fairly valued in the 60-80 range.

To be honest, I probably will not buy it, as it is not my investment style to buy companies with a lot of debt and large, ongoing losses,
unless they have what I regard as a market cap which discounts those things with a large margin of error. As someone famous once said "it is the return of your capital that is important, not the return on your capital".