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

To: Intel Trader who wrote (4427)	6/3/1998 9:19:00 PM
From: John F Beule	Respond to of 6136

I'm game! Thanks for the GREAT information. I own at $31 (back when it had it's original correction). I think $34 is a bargain because the market is beating up anything that has disappointed in the not-so-distant past......but to those following this stock know, AGPH has'nt disappointed, and looks like as long as analysts don't predict pie-in-the-sky numbers, I think they'll exceed everytime. This stock was $40, 2 weeks ago, and has unfairly been beaten up. Nothing fundamentally has changed since then, and when the market awakes from it's hangover, I believe it will realize this number again.

To: Intel Trader who wrote (4427)	6/3/1998 9:20:00 PM
From: tommysdad	Read Replies (1) \| Respond to of 6136

<<impending FDA approval over a year hence>> That's kind of stretching it. What they are saying is that they expect to file an NDA sometime in 2000. Final approval could take up to a year after that. And that assumes the PIII trials go exceptionally well. Kind of hard to predict since I have not seen any results from the PII trials. I must say I have been fairly disappointed with AGPH's PR efforts of late. They used to be the "under promise over deliver" company. Recently, in light of the ENMD fiasco, they put out a "hey, look at us, we're kind of working on angiogenesis too" press release, and now we see a press release anticipating an NDA filing 18 months hence, with no PIII data on which to base such an estimate. What gives here? Are we sensing panic? Hey, I believe AGPH to be relatively undervalued at these levels. Just divide market cap by sales and it's ridiculous. But what is spurring AGPH to put out the kind of press releases people on this board used to make fun of? Are they sensing a takeover bid in the wings and trying to boost the stock price to prevent such a disaster?