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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: Steve Fancy who wrote (5168)8/17/1998 5:09:00 PM
From: Peter Singleton   of 6136
 
Steve,

IMO, today's trading is a bear market rally. The big caps did better than the small caps ... take a look at the A/D and NH/NL.

I don't think the market is making a judgement on AGPH per se. However, if we're in a bear market, how steep and how long it is will affect AGPH's stock price, even though I believe the company's fundamentals are likely to continue to improve.

Peter
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