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

To: Steve Fancy who wrote (2710)	11/9/1997 11:19:00 PM
From: JOHN W.	Respond to of 6136

Elise raised it to $75 from $70 about the same time RS&C went to $85. It is not cold feet but the overall mkt conditions that will control the stock price in absense of any news.

To: Steve Fancy who wrote (2710)	11/10/1997 12:08:00 AM
From: Oliver & Co	Read Replies (1) \| Respond to of 6136

But this is what happened later: HK: Shrs Down Midday On Futures Sell-Off, Rate Concerns -------------------------------------------------------------------------------- November 10, 1997 04:56:04 GMT HTS - HTS -------------------------------------------------------------------------------- HONG KONG (Dow Jones)--Hong Kong stocks have fallen below the key support level of 10,000 points midday Monday, dragged down by a sell-off in the futures market and by lingering worries over high money market rates, said market participants. At the 0430 GMT (11:30 p.m. EST) close of the morning trading, the blue-chip Hang Seng Index has lost 145.70 points, or 1.4%, to 9958.80. The measure moved in a range of 9887.97 and 10,181.38 points. Meanwhile, the broader All Ordinaries Index is down 97.20 points to 5195.53. Volume is valued at a thin HK$6.40 billion. A trader with Sassoon Securities Ltd. said a sharp fall in the futures market is helping to pull the underlying market lower. The November Hang Seng Index futures has given up a more than 200-point gain in mid-morning and is down 90 points at midday from the previous close, trading at a discount of 158 points to the cash market. The trader with Sassoon Securities Ltd. noted that soaring money market rates also added to investors' worries. At 0430 GMT, the benchmark three-month Hong Kong Dollar Interbank Offered Rate is at 16%, up from about 13% late Friday. The rise rekindled fears of higher local interest rates and future speculative attacks on the local currency, she added. - - 11-09-97 2355EST