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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Izzy who wrote (2742)11/12/1997 9:16:00 PM
From: per strandberg  Read Replies (3) of 6136
 
Izzy,

Extra frustrating not really seeing any reasons for the drop.
It's strange, I bought most of my shares BEFORE the approval of Viracept and payed more ,an average of 44 (88 presplit).
At that time AGPH was running at a $3 loss.
Well, then there was approval and the stock immediately nose-dived!

Now, when all fundamentals look very good (at least to me),
there is talk about shorting at 41.

A profitable company, increasing sales at a rate of at least 10% per MONTH, interesting pipeline....a shorting candidate?

Guess I have to wait for the longterm, hoping that the dreaded margin calls won't be necessary.

Would appreciate some IMS figures to calm down.

Regards
ps
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