Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: JOHN W. who wrote (2594)	11/2/1997 4:56:00 PM
From: BarryH	of 6136

I think both of you might be right..the long term valuation of AGPH could be $2.5MM,it's sales,earnings and pipeline should put in that league but nearterm things could be dicy. This sector is subject to great swings because it is precieved as an unsafe haven. Just look at last April for proof of that. My own feeling is that there will be a flight for safety both within stocks and outside of them( to bonds). I'll continue to believe that as long as the yield curves and stock index move in the SAME direction as they did last week. THe price of AGPH is a question of timing and how rational vs emotional the traders are... Just my opinion.. BarryH

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