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

To: Peter Singleton who wrote (3524)	1/4/1998 11:42:00 PM
From: Steve Fancy	Respond to of 6136

Anyone catch the 2878 Feb 30 puts that traded Friday? We'll have to watch the open interest to see if folks were cashing out or opening positions. Hopefully someone in the know selling 30 puts. sf

To: Peter Singleton who wrote (3524)	1/4/1998 11:43:00 PM
From: billkirn	Read Replies (2) \| Respond to of 6136

Peter: Thanks for your estimates. I wonder if these revenue figures would indicate an upward move for the stock. I'm not sure if the stock will be trading to a PE ratio or on expectations of new products. I think you are in a range +_ 10% of what will happen with Viracept and maybe other business ventures can improve these numbers. Investors are concerned that AGPH is a one drug wonder, so it is really important they demonstrate their technology can produce other successful drugs. 1998 could be the year this will happen. Bill