Verity (VRTY) Message Board

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Technology Stocks : Verity (VRTY)

VRTY 2.400

0.0%

Dec 22 4:00 PM EST

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To: Kumar Nathan who wrote (339)	3/14/1997 10:02:00 PM
From: JACK SHOYKHET	of 1011

AGOURON PHARMACEUTICALS (AGPH) climbed $4 3/4 to $80 1/2 after a halt in trading to allow for the dissemination of news that the FDA approved the company's VIRACEPT HIV treatment. The protease inhibitor acts to block the reproduction of HIV in the body and is delivered in a pharmaceutical form. The drug was approved in an accelerated FDA review process for high-priority treatments like HIV. Just before three o'clock this afternoon, the stock began trading and quickly shot up 20 points, where one poor buyer took in 400 shares at $96, before settling down to close at $80 1/2... The moral of the story -- there are a lot of greedy suckers out there! Be careful! Happy Trading! Jack

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