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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: David S. who wrote (3650)1/22/1998 4:06:00 PM
From: Steve Fancy  Read Replies (1) of 6136
 
Per PW approval was not expected this soon, should allow for additional sales beyone estimates. Per last weekly script data, scripts up overall 24%...not sure where you get your numbers.

Regardless of whether or not approval was expected, it was an "if" until it actually happened. You can't say we saw a huge runup in anticipation of this approval.

I think the big guys already had their positions squared away. Other investors may be hesitant to get involved until after the Feb HIV conference...remember what happened at the last one.

I do agree with your opinion about the crappy market however.

sf
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