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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Will Royston who wrote (478)3/15/1997 1:30:00 PM
From: Michael Ades   of 6136
 
Didn't trade
>1,000 shares at average of 36. (shared acct.)
Hold for long term, but I did play the options
Great long term outlook: If 1999 revenues are 255M (low estimates) and they earn about $9 a share, with a P/E of 30, that would be stock price of 270. That's a low revenue estimate with nothing else on the market. I don't mind waiting over 2 years to tripple from where stock is (just my opinion, don't beat me up).
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