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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: John Metcalf who wrote (701)5/8/1997 12:18:00 AM
From: Bhag Karamchandani   of 6136
 
It would have to be next AGPH announcement of Viracept sales/ revenues that is going send the shorts running for cover. Given the very large size of the short positions and the relatively small float, the resulting squeeze is going to rapidly accelerate the advance. This in turn will bring in the momentum players- in a market with fewer and fewer momentum plays. I see this as a positive for the longs.
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