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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Miljenko Zuanic who wrote (3475)12/30/1997 5:10:00 PM
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I would pose that we may be seeing some tax-loss selling. While some would argue tax-loss selling would require a significant reduction of stock price versus the average of the past two years, three consecutive years of gains might influence some investors to sell AGPH for tax benefits. Given the biotech indexes and VRTX are significantly up today, any ideas??
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