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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Steve Fancy who wrote (5523)10/19/1998 5:32:00 PM
From: Steve Fancy   of 6136
 
So, lets see, based on "...$2 million for the purchase of 126,758 unregistered common shares..." AGPH paid approximately $15.78 a share. Any comments? Anyone know if AGPH could have backed out up till today, or, can they back out of future committments?

Options activity today seems to lean towards the bullish end of the scale with 970 Nov calls traded at strikes between 25-45 and 578 Nov puts at 30 and 35 strikes.

sf
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