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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: margie who wrote (887)7/1/1997 1:16:00 AM
From: David S.   of 6136
 
Just to show you that I'm nonbiased (like Walter Cronkite), I'll say that the Reuters article is a bunch of crap. I believe that June sales of Viracept could actually be higher than analyst expectations. Also, the notion that the Vertex drug could/would/should/whatever be on the market in '98 was given to me by a Vertex scientist. The real reason the stock was off today was the resignation of the director of research. The Reuters article doesn't make sense. Of course, I still say that the stock is way overvalued on fundamentals. In fact, in an earlier post when I suggested that in a best case the stock would be fairly valued at $50-60, I was being overly generous.
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