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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: billkirn who wrote (5725)12/9/1998 11:52:00 PM
From: JOHN W.  Read Replies (3) of 6136
 
So what has been going on for the last couple of weeks as this stock has been on fire? Well we got another much more violent week ahead as the shareholders meeting is 12/16/98. How much farther can we go in the next 7 days? Don't know.

WHAT I DO KNOW IS THAT THE SHORTS DON'T WANT TO BE IN THIS STOCKS WHEN IT SPINS OFF.

SHORTS DO NOT WANT TO BE IN THIS STOCK AS THIS MEETING APPROACHES NEXT WEEK AND BE SURPRISED AS AGPH REALIZES THAT IT WILL TAKE CRITICAL MASS R&D FOR THE FUTURE AND IS BOUGHT BY DD OR ANNOUNCES A LARGE MARKETING DEAL WITH TO TAKE ADVANTAGE OF THE SUSTIVA-VIRACEPT SYNERGY.

I am not trying to spread a rumor. I said on the SI board before any analyst popped in was that I heard that AGPH was looking at this possibility of a deal with DuPont back in May. Yes, well before this stock plunge to 20. Before Fortune magazine discussed how DD was discussing a acquisition of MTC and
AGPH, before 5 analyst discussed the probable acquisition of AGPH, before CNBC said that AGPH was looking to be bought out. Yeah REMUNE will be a bigger drug in one year than nelfinavir. Yes, the shear announcement that the cure for the common cold has entered clinical trial (next 2-3 weeks) will receive enough attention to drive this stock to the mid-60s. Does not matter, DD sold Conoco to turn their company a Life Sciences company. Several articles have alluded that DD has been interested in Agouron. Remember, next week when Agouron and DD announce the merger and the stock is between 75-90, you heard it here first.
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