Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: JOHN W. who wrote (5824)	12/29/1998 5:26:00 PM
From: Steve Fancy	of 6136

Yep, but when everyone expects it, is when it quite often doesn't happen. Hope you're right. Based on my strategy of selling covered calls on at least half the position, nothing lost if it goes up...covered if it goes down. I admit the news potential is high over the next few months, but no way to tell how much is built in. Further, per Ms Wong, end of the year is typically the weak period for biotechs. Sooo, we may have just about exhaused the January Rally. OTOH, I suppose the right news could rally this thing to 100...that would be where the other half of the position comes in. I'm not letting it get away from me this time. sf

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