Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Bhag Karamchandani who wrote (3019)	11/27/1997 4:13:00 PM
From: Steve Fancy	Read Replies (1) of 6136

Hi Bhag, you are absolutely right. The 'ole buy on the rumor, sell on the fact. I made an incredibly stupid mistake selling puts immediately after the blowout earnings. I learned my lesson on doing this some time ago, but allowed myself to get caught up in the euphoria and am still sweating them with a capitol "B". It does appear we have hit the bottom, creating a terrific buying opportunity though. It does appear the stock is going to regain some of it's losses short term, but EOY tax selling and window dressing may hold it back. I would expect this stock to rally seriously right out of the gate in 1998. The European approval anticipation factor should kick in 01/02/98 at the latest. Good luck and Happy Thanksgiving. sf

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