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


To: Biomaven who wrote (3131)6/1/1999 2:36:00 PM
From: Art Vandelay AIA  Read Replies (1) | Respond to of 10280
 
To be clear on the Maris dispute, this is what happened:

Last summer, Maris downgraded when SEPR got into the 70s based on points that were, at a minimum, disputable. His biggest point was that SEPR had gotten ahead of itself. BTW, he had only been covering the stock for a couple months, and his original price target (when the stock was in the mid 40s) was in the 50s, so it wasn't illogical that he'd downgrade on the runup.

Many were angry at the downgrade (SEPR included), as it was closely correlated with a pullback from the 70s back to the 50s. Personally, I find it odd that the pullback would be blamed on what one analyst said amongst many, but those who had paper losses were screaming for his head.

There was a conference call soon thereafter, and SEPR IP mistakenly sent him his fax late, so he was not on the call. It was an oversight, and it happened once, though many have speculated that there is a sinister Sepracorian plot which involves Dr. Evil and his bald cat against a certain Mr. Maris.

I'm not sure if Maris ever upgraded, but his opinions have recently been as negative as ever and again coincided with this most recent decline.

Good luck all longs!

By the way, I concur with the idea that the market is way undervaluing Zyrtec, but that just means that smart money is buying.



To: Biomaven who wrote (3131)6/2/1999 1:10:00 PM
From: Don Miller  Respond to of 10280
 
Peter, Richard, anybody with contacts

DenverSouth70, on YC thinks a drug IMS report will tell how Xopenex sales are going. Can anybody help?
He posted #738:
While these antecodotal stories are interesting and somewhat valuable, it would be much more valuable if someone could get the IMS data on this drug. Any of the major brokerage houses with serious coverage of SEPR will be watching for real sales data. Can anyone help here?