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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Larry Liebman who wrote (432)3/13/1997 11:48:00 AM
From: Old Fox   of 6136
 
The Schwab 500 research alert I referred to yesterday was from Brown Brothers Harriman analyst Robert LeBoyer(sp?). It was his opinion the stock had reached a fair price in part due to these three reasons: 1. Successful secondary of the competition, Vertex. 2. The fact that Doug Lind had left PW and left about 1,500,000 shares of AGPH in the retail accounts of PW which no longer have constant support from the brokerage house since its guru had left. 3. A general profit taking in biotechs.
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