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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: sam who wrote (5658)11/10/1998 11:55:00 AM
From: Henry Niman   of 6136
 
I missed the beginning, but David Molowa was just on CNBC. I think that he initially mentioned BGEN as a larger Biotech. When asked about a smaller ones, he gave LGND, with 2 drugs slated for approval by the end of the year, and a launch and profitability next year. For acquisitions he mentioned SEQU and AGPH, and as far as stocks getting too pricey, he mentioned the BS downgrade of AMGN today, based on price.
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