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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: margie who wrote (5457)10/5/1998 7:13:00 PM
From: nord  Read Replies (1) of 6136
 
Margie
Couldn't agree more. Why be taken out now? Why spin off oncology side? The company is a cash cow. They were given new drugs for next to nothing the drug screening platform and the new drug pipeline aren't figured into current valuation even at rebounded price imo. The sales of Viracept non script wholesale accounts for 40% and is not included in weekly/ monthly script data. The growth in wholesale market hospitals hmo etc is even faster than the retail. In addition we haven't gotten a handle on how big the drug combo with sustiva and potentially imnr will be. Seems to me the right time to buy stock and put in away with the rest. Why sell now? Unless of course they do have some kinda offer than even the more patient might consider.
Regards
Norden
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