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

To: billkirn who wrote (2730)	11/12/1997 3:13:00 PM
From: margie	Respond to of 6136

> All charts are heading south right now. Surely you are referring to the overall market where a huge number of stocks are heading south and not specifically Agouron. Probably 90% of stocks are on the downside, except for retailers. The Brazilian market is down almost 11%, there is the Asian situation, Iraq, Latin America, FOMC, talk of a world wide credit crunch, a flight to quality, nervous investors locking in what profits they may have, admonitions not to jump in yet etc etc etc. TA is disrupted by sudden breaks in the market, and by sudden advances. TA relies on continuation of a trend. Sudden moves are discontinuous. Many technicians allow a period of time for their barometer to re-set. IMO, Technical Analysis on Agouron is irrelevant now. It's the market.

To: billkirn who wrote (2730)	11/12/1997 3:51:00 PM
From: Izzy	Read Replies (1) \| Respond to of 6136

Bill: I sincerely hope you are completely wrong when you start mentioning AGPH going to 32!!! I bought more today (pretty soon they'll start calling me "Old Blue Eyes"--"Chairman of the Board"). Why even mention the year 2001? There is obviously a widespread market correction going on (ALL of my other stocks have tanked). However, I really don't know why this would have an effect on AGPH stock price; makes no sense to me other than for making another buying opportunity. Bill, sounds to me like you're being too negative/harsh on AGPH today.