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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Steve Fancy who wrote (4873)7/15/1998 8:19:00 PM
From: Oliver & Co  Read Replies (1) of 6136
 
Thank you for the post. The letter is good and goes to the positives of Viracept, however, we know that investors at large know nothing about these drugs, and they trust anal-ysts. I believe there are people playing with the stock, how else could you explain that AGPH goes up before news and then down with good news. This company has been making money, and yet you see it going down when other companies that are not making anything go up. Entremed went up astronomically with their press release on their angiogenesis drug, that is not even on Phase I, and AGPH got nothing when they said their drug was on phase II-III testing. Also, I do not know why there are so many against this company, from Henry Niman to Mr. Crosson from MOntgamery.

JLL
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