Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: sam who wrote (4222)	5/5/1998 12:58:00 PM
From: Steve Fancy	Read Replies (1) of 6136

I think we may have some shorts sitting on the fence waiting to see where this thing goes. Probably seeing a new wave of short sellers also, but the rise today seems rather orderly based on the news. The big question for some of us is where is it likely to go tomorrow. Based on the price targets and the publicity, possible a little higher. I'm going to sell calls against some of my stock and trying to determine if I should do it today. Aug 45's at 2 1/2 or Nov 45's at 4 1/2 look attractive. Anyone else contemplating a move of this nature? My breakeven is around 46. sf

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