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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Y. Maxine Miller who wrote (356)2/24/1997 10:02:00 PM
From: Larry Liebman   of 6136
 
Actually, the volatility might be somewhat less than when it traded <$60...Merck, with a billion+ shares has cruised up and down with 2-3 point gains and losses...It is hardly surprising that AGPH with 13 million shares out can remind one of the Cyclone at Coney Island...A question of followers of AGPH...I was of the understanding that there was an F.D.A. meeting on 2/21...Was that not the case?...I've been wondering if anxiety is setting in regarding the approval of Viracept, as more than the legendary 42 days of approval for a PI may has vanished...I called the company last week and they were talking of filing for approval of THYMITAQ in '98...While all eyes are on Viracept, the pipeline has been pushed into the background...At some point news of the MMP will begin to "intrigue" the market....
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