Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Don Pauley who wrote (3104)	12/3/1997 3:07:00 PM
From: Andreas Helke	Read Replies (1) of 6136

20% is the amount that a typical tech or biotech stock looses over night on moderately bad news. With really bad news you can even loose 50% and more. I am pretty shure that Agouron will be a succesful long term investment even if you bought at $50. But as you can see you have to expect serious volatility along the way. I have 100 shares at $50 too, bought immediately afer Agouron posted their first positive quarterly earnings. Fortunately I have quite a bit more shares at prices between $15 3/8 and $45. But I lost all my substantial paper gains and then some. I considered the current drop as a buying oportunity and bough more shares at $28. Andreas

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