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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: John Metcalf who wrote (5313)9/16/1998 2:04:00 AM
From: Scott H. Davis  Read Replies (1) of 6136
 
To All: I've been doing background on AGPH (very part time) 4 several months. I am probably prone to analysis paralysis, otherwise I would hav jumped into AGPH in the low 20's. It zoomed from oversold to overbought quickly, and was probably due for a retracement. But today's significant down on a marginally up NAZ day on a positive announcement puzzles me. I saw 8K in overnight trading and assumed today would be up (I do know some context, most biotechs were down today)

So waz today a chance to sell into some otherwise positive volume, or waz ther some disappointment fine point that I missed in the release, which I thought to be positive (silly me, I'm justa smuck clinical analyst) Input please! Scott
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