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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: billkirn who wrote (5212)8/27/1998 10:48:00 AM
From: Peter Church  Read Replies (1) of 6136
 
Bill--I agree, it looks serious and potentially long term. Would you consider shorting anything as a hedge? Actually, the shorts in the biotech stocks have been luckier than the longs. I expect that the losers (in terms of stock price) will continue to loose more as investors bail out in panic. Maybe some of the biotech and other speculative stocks will be great short picks as the bubble breaks. They may have fundamentally intriguing science and prospects, but can they support their share price in a bear market? Do you have any shorts?
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