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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: biopicker who wrote (2033)10/2/1997 11:37:00 PM
From: N4ZQ   of 6136
 
My first agph buy was last week at 52 5/8 and two days later I sold the Nov 55 calls at 4 5/8. Of course, I'd rather have the stock called away at 55 but if and when the options expire worthless, I can always sell them again. I did not expect this downdraft. From a T/A (point&figure chart) perspective, holding 43 is very important.
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