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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Steve Fancy who wrote (4342)5/19/1998 5:13:00 PM
From: Izzy  Read Replies (2) of 6136
 
I still don't get it (and it's not because I'm stupid). Today, as stated above, ML initiated "Accumulate" for AGPH and VRTX; NOT "ST Accumulate, IT Accumulate, LT Accumulate." Does this imply there's a "buy" recommendation ("outperform", "attractive")? So what does "accumulate" mean? Gee, I've been accumulating AGPH for years! So what's new? What type of "grading system" is this? It's almost as bad as my coin collection: "premium brilliant uncirculated", "select brilliant uncirculated," "select brilliant uncirculated"...This type of stock analysis drives me nuts, which, I admit, I already am, to some degree (although "slight"). Somebody save me from this insanity. eom
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