Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Spekulatius who wrote (4252)	5/7/1998 12:15:00 PM
From: Steve Fancy	Read Replies (1) of 6136

Ralf: Margin question aside, I think you hit the nail on the head in terms of market nervousness and AGPH. Until we receive something solid to grasp on to regarding the pipeline (could be soon), scrip data will likely control the short term trends. Could go either way. I would guess many potential investors are not thrilled by the runup to 40 and rapid pullback to 35. The world is much more aware of AGPH now. We'll have to see what kind of spin, if any is put on the situation in weekend writeups. If the results of earlier trials on AG3340 are taken well, a deal with another company is announced, or other positive data on the pipeline surfaces, it could give us the boost over 40. Hard to say when we'll see those results though, in the meantime IMO, if scrip data falters, the 52 week low in the 27-28 range isn't out of the realm of reality either. It would probably be stubborn at the 30 level. sf

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