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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Steve Fancy who wrote (4241)5/6/1998 1:08:00 PM
From: Todd N   of 6136
 
I agree and think 47 is in the ballpark for 12 mos., though I'm hoping for higher. It is nice to get the additional coverage.

My average is around 40 and have been holding a year so far. Jeesh, from 40 to 47 is not even a 20% return for two years of holding, which is pretty lame in this bull market, considering the risks.

If I remember right, 47 was about the price when AGPH turned profitable last year. I guess the idea is to never invest in a PROFITABLE biotech company.<GGG>

Regards,

Todd
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