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Biotech / Medical : Agouron Pharmaceuticals (AGPH) -- Ignore unavailable to you. Want to Upgrade?


To: cherry grove who wrote (2571)10/30/1997 11:00:00 AM
From: Randy Schmid  Read Replies (2) | Respond to of 6136
 
Looking like there's a general flight to safety - blue chips and bonds? - and away from so called speculative biotech stocks. I'm beginning to wonder if the market and stock will stay decoupled from the company for a while. With investors antsy about the overall world economy, will have to rethink my strategy - although calls and spreads would seem sensible, they're not long term. May perhaps roll down into a deeper in the money spread, knuckle down and ride 'er out. Currently own options expiring in February - after earnings, and in May. Concerned that we may see even more "buying opportunities".

Regards,

Randy