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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Weekapaug who wrote (2345)10/15/1997 7:37:00 PM
From: BarryH   of 6136
 
AGPH doesn't live in a vacuum..Small Cap Biotechs have run up 20% since August(Biocentury).. I've detected weakness in this subsector for the last 4 trading days or so..the bubble is weakening and/or deflating some. For example DURA announced record profits and 20% above estimates..and it's stock is DOWN 8% since the announcement (yesterday)..
AGPH is holding it's own just fine against this sub-sector tide..

Barry
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