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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Guy Gordon who wrote (1113)8/1/1997 6:03:00 AM
From: biopicker   of 6136
 
Guy--

In my opinion, all the major drug companies, including Merck, are now momentum-players' darlings, and I do not believe they have attraction at these prices. I would stay away.

The Agouron story has just begun, and this is the "top of the second" in a nine-inning balgame. I believe they wil leverage the very substantial revenues from Viracept into their enormously rich and exciting pipeline While predicting prices is a very difficult business, $300+ is not out of the question over the next three years. There is a small company, PCYC, which looks interesting since it has some very interesting drug candidates. It will take time but could be a big stock over the next few years.

Cheers!

Biopicker
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