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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Intel Trader who wrote (4647)6/30/1998 2:09:00 PM
From: Izzy   of 6136
 
Glad you called IR; very helpful info. I'm just wondering about the monies that AGPH is paying out ("up to $40 million" to Shionogi and "up to $26 million" to Japan Energy and the money paid to IMNR) and about the impact on AGPH future earnings (short-term at least). I didn't realize that AGPH had that much "free money." How many more deals is AGPH going to get into? Instead of being bought out, it seems like AGPH's goal now is to do the buying. What a big change in goals/objectives. Looks more and more like an AMGN-like company,IMO. Just thinking...<eom>
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