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


To: Steve Fancy who wrote (2988)11/25/1997 2:00:00 PM
From: Richard Monge  Read Replies (2) | Respond to of 6136
 
Steve, John, anyone What is Rhinovirus? What market will it serve? Also What is Thymitaq? Sorry for the question, New investor in AGPH



To: Steve Fancy who wrote (2988)11/25/1997 4:57:00 PM
From: Zirdu  Read Replies (2) | Respond to of 6136
 
Steve, I don't understand your comments about the E. Wang call. You say:

" Maintaining 12-month price target of 75 based on fiscal '98 $4.00 and change and industry multiple in the mid 40's.
- Expect strong earnings report in early January...her estimate .12, if not better...expect stock to rebound strongly."

Is she really saying that FY '98 earnings will be $4.00 and change? So far we have 1Q98 earnings of .11, and if she expects only .12 for 2Q, that will leave a lot of earnings for Q3 and Q4 to make over $4.00.

Also, earnings of $4.00 and a PE of 45 would give a stock price of $180, not $75. Something dosn't add up here.

Could you clarify exactly what she said in this regard? Thanks. RR