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

To: JOHN W. who wrote (3329)	12/16/1997 1:28:00 AM
From: George T. Santamaria	Read Replies (1) \| Respond to of 6136

<The trading action prior to the Roche announcement still gnaws at my gut, especially by the company insiders.> I saw the tape on the day of that announcement. It appears as though the news hit the wires at about 8 am and the market maker gapped AGPH down at the open. Tell me does, it take a market maker with a special crystal ball to gap the price down 1 hr after news appears? Or, as you might allege, was the market maker just responding to orders already placed overnight by some insider? I don't see anything illegal happening here but I don't have a clear picture of market activity prior to the bell. Anyone on this thread able to shed more insights?