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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: sam who wrote (2724)11/11/1997 7:21:00 PM
From: biopicker  Read Replies (1) of 6136
 
Just a quick update.

It would appear that this is another one of Agouron's periodic irrational declines. I had the opportunity to speak with Agouron management today (they are traveling at the Alex Brown Biotech Conference). There are no negative developments at the company to account for this price decline. As a matter of fact, the script data which was released yesterday was great. Monthly figures will be coming out tomorrow. I believe our friends, the shorts, took advantage of a low-volume holiday to spread unfounded stories.

In any event, as I have said before, in the long run the fundamentals prevail and things are going great.
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