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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Paul Barr who wrote (4089)4/16/1998 8:10:00 PM
From: Clive Roberts  Read Replies (1) of 6136
 
I agree. Something that isn't included in Balance Sheets is leadership. Agouron have exceeded expectations measured against anything Johnson has said at previous conference calls.

They have produced an absolute success story. I've been long since Oct 96. It is true that there is a lull between their first drug to market and their second. But I respect the fact that they exited Thymitaq when they did rather than waste money going to Phase III. They recognised they had better drugs to spend their money on.

The market will start to factor in 3340 and additonial pipeline soon enough. Now is probably the time to beat them to it.

Fundamentally.... the company delivers. My money is staying in.
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