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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: margie who wrote (4011)4/9/1998 2:05:00 PM
From: Steve Fancy   of 6136
 
Margie, looks like you may have hit this one on the head...price drop is looking like it may have been influenced by stop loss orders at 35-36. I wouldn't assume it's just daytraders. I'll bet there is many a longer term holder such as myself who have no interest in revisiting the twenties. In that I watch the market all day every day, I never use stop loss orders.

Thanks again for your reassurance. Shouldn't take much good news to permanently force out some of the shorts.

sf
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