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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: sam who wrote (5658)11/10/1998 1:34:00 PM
From: Steve Fancy  Read Replies (2) of 6136
 
Sam, I haven't heard anything from MSDW. How are you concluding that they're buying today? Wouldn't surprise me if BS were buying also. Over the last six months or so I've seen BS involved with several very questionable situations. In any case, ya gotta love it.

Seems to going up on strong rumors of some kind of deal...seems everyone is assuming a buyout. Anyone have an opinion if a buyout were to occur as to premium over and beyond current stock price? I'm going to sell calls soon, but can't help but feel we're going to somewhere just short of 45....43-44 maybe. I personally agree with Margie and others that a marketing deal seems more likely, but want to be prepared for either.

Thanks,

sf
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