Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Steve Fancy who wrote (5092)	8/6/1998 4:44:00 PM
From: Peter Singleton	Read Replies (1) of 6136

Steve, I think the recent price action with AGPH was 100% market specific, and 0% AGPH specific. If the market is correcting, then stabilizing or moving upward from here, then I think AGPH is about as cheap as you will see it, with the possibility of some nice upside surprises over the next 6-12 months, and probably quite a bit sooner. If the market goes sharply south from here, then AGPH is at risk with the rest of the market ... however, at some point in a further market decline, AGPH may stop going down with the market since its price to value ratio are at such low levels now. How's that for talking out of both sides of my mouth! I think we're at a high risk period for the market, and we'll have a good idea what's going to happen either way within a couple of months. Peter

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