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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: JOHN W. who wrote (2493)10/26/1997 9:57:00 PM
From: Steve Fancy   of 6136
 
Mannn, you can't say much on this thread without it being taken out of context. I believe I was the one who persued both of these issues. I believe the insider news is what caused the stock to drop the end of the day Friday, and that raised a concern on my shorter term AGPH investments...like other folks here. I simply posted the data for all to see, and asked for feedback, all of which I appreciate.

On the P/E issue, I was simply pointing out that the Fortune article was erroneous, or extremely out of date, and that the stock appeared to be trading at a reasonable P/E when compared with the speculated growth rate. It seems this is not the first article recently describing AGPH as fully valued, and the latest comments appear to be based on bogus numbers.

sf
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