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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Jim who wrote (1027)7/24/1997 2:10:00 AM
From: billkirn   of 6136
 
HI Jim: My proj. based on getting 25% to the bottom line.

You are right, we don't know much about margins yet, but
they should be high. I would expect GPM to be in the 80% range.
Selling costs to be around 20%, Admin 20%, and R&D 15%.

That would bring 25% of revenues to the bottom line and no taxes, loss carryforwards...

Bill
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