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


To: JOHN W. who wrote (2969)11/24/1997 4:05:00 PM
From: Steve Fancy  Respond to of 6136
 
I'd say it's unlikely there will be much upside until some solid news appears. The stock needs news to support the stock price. It will very likely continue to trend downwards...just look at the stock since earnings with no news. From 56 to 35 3/4. Sure it'll have some up moments, but breaking 30 is not out of the realm of reality im my mind, if the lack of news continues. IMO, the company should be issuing statements at this point to protect shareholder interest. They really kind of owe it to us. Either the quarter is going well, or it isn't. Clarifying one way or the other should be one of the companies primary responsibilities at this point. I have not picked up the IMS data for today, but they could be a factor in today's activity.

Unless some miracle overnight, likely another down day tomorrow as the Japan market very likely sells off tonight. In that the Japanese market was closed today, tonight is basically the first opportunity for investors to react to the news. Will probably sell off with a capital S.

Sorry for all the negativity, but I'm not happy with this company right now.

sf