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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: Izzy who wrote (4245)5/6/1998 7:40:00 PM
From: Steve Fancy  Read Replies (2) of 6136
 
Isaac, in case you haven't been following...Asia is falling apart, China hinting of devaluation, Hong Kong and Argentina could follow. Remember last fall? Logical or not, tends to take the entire market down big.

Of course my anxiety level is high...this is my business, and this one stung me big. Like to think I don't make the same mistake twice. For what it's worth I invest in some of the most volatile stocks that exist and have a very high tolerance level, but I try and stay on top of em. I still haven't found an answer yet as to what a typical delay is on releasing details of one phase when entering another, and am nervous about what they may reveal. I'm reasonably convinced the stock will be over 40 in a year, but not quite yet. It will be a very bad sign to me if monthly data in the next week or so has slipped below 30% with an increased sales force. We shall see. I don't find anything wrong with my concerns, and people that don't want to read 'em can just skip 'em. I though my suggestion today that the stock may actually be 45-50 in a year was positive. I don't know what other folks are expecting, but you can only reasonably expect so much IMO. Important factor in weighing risk/reward looking forward. IR, they're not going to tell me anything I don't know.

sf
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