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


To: Bob Swift who wrote (3188)6/4/1999
From: Asymmetric  Read Replies (2) | Respond to of 10280
 
I wouldn't dismiss Fortune Magazine so cavalierly.
Fortune has a big institutional and corporate
following and is widely read. Whether you want to
trust it or not is up to you. As you know we live
in an imperfect world, and much published material,
especially financial, is done so with a certain aim
or purpose in mind. Sorry that I don't conform to
just publishing positive things about a stock. The
proper refutation of negative things/points of views
that are said about a stock and/company is through
airing them in public and then pointing out flaws
and weaknesses in the argument. At least that's always
been my belief and guiding principles.

Shorts are still active in this stock, as evidenced
by the Fortune article, and I for one, as an investor
who now holds a substantial (for me) six figured investment
in the company want to know what they're saying and who's
saying it. To not do so is to commit a serious strategic
as well as tactical blunder when one approaches the battle
of investment survival. Those who've suffered financially
by buying this stock at substantially higher prices might
have saved themselves some pain had they known the depth
and personality of forces arrayed against them. Having
over 19% of outstanding shares shorted at one time, tells
me there is/was some big, deep pocketed serious money that
wanted to see this stock go down big-time. Just as in winning
at poker, you have to understand the players you're sitting
down with for a "friendly" hand, just as much as the game
itself...that is if you are serious about winning money.

Having a son who's asthmatic who has had several attacks
serious enough for emergency room treatment gives me a second
and more important reason for seeing this company succeed.

Shorting stocks is a part of the game on Wall St. However,
I find it as repugnant as the next person for shorts to
savage a company trying to bring medical products to market
that will better the lives and health of human beings. But
that doesn't mean I only bring out good things that people
say. This is a forum, and many people/investors, including
myself, look to these threads for information, understanding,
and advice. They have a right to read both good and bad.

But hey, that's me.

Peter.