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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: jay silberman who wrote (154)1/16/1997 1:15:00 AM
From: Peter Church   of 6136
 
Hi,

I've been following this company for a while and have enjoyed reading your comments. Some good news will most likely appear on January 22 at the Anti Retroviral Conference in Washington (IDSA meeting). Agouron will release the results of their Phase III clinical trials there. From all reports, the news will be very good. I think that takes virtually all the risk out of the FDA approval process. The only doubts I have about the stock's performance are related to the rapid ascent since last July. Could it be that the good news is already calculated into the price? I am voting no and buying again now before the news hits street.

....Peter
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