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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Steve Fancy who wrote (6019)1/28/1999 10:56:00 AM
From: FNS  Read Replies (1) of 6136
 
Steve: >>I was concerned that something is wrong.<<

Definitely, read some info where AGPH might be having future problems with competition and lack of new drugs in pipeline and that management went for the deal. Unfortunately, I think AGPH was underbought and had management waited till post earnings, the stock may have gone to 60 and higher on technical breakout with shakeout completed....but that's a big assumption on earnings part and not knowing what kind of forward looking statement would be issued.

So...ciao! ciao!...out at 59 with 20 point st gain...will continue via other drug stocks and techies, but 'cautiouly' due to overall market!

FNS



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