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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (18143)	6/5/1998 7:22:00 AM
From: James A. Blair	Read Replies (1) \| Respond to of 79449

Doug, What is the latest projection on elgt? I have been watching this one and see some decrease in price. Is this a good time to get in ro is there more down side? Thanks for all your posts--most informative. JAB

To: Doug R who wrote (18143)	6/5/1998 11:09:00 AM
From: Michael L.	Read Replies (1) \| Respond to of 79449

Doug, DCTC, one of the rare BBs that you played is doing good. Actually, it's my long term from their 52 weeks low. I think it will be at least a double bagger. I like such perspectives. News about them: biz.yahoo.com Another little puppy is SEMI. Showed a good strength during a nasty market. Waiting patiently for breaking 2, then 2.5. Thinking to establish a position in AGPH again. Hype around the cancer drugs, ENMD fiasco, hot sector, solid fundamentals, went intraday through the support from July 1996, but closed above, now making a higher low, good chances to establish an up trend and finally break 40 for good, etc. From the other side the short position is increasing and still there is a chance to break that major support line. But I keep my finger on a buy button. News: interactive.wsj.com!WJ05/07+++123!BT05/06++4678!BT05/06++2822!WJ05/06+++207!WJ05/06++++60!BT05/05++1960!BT05/05++1695!BT04/16++3751!BT04/15++3922!WJ04/15++++24!BT04/15++++40!BT04/14++5761!BT04/14++4620!BT04/13++2196!WJ04/09++++76!WJ03/26++++63!BT03/06++1324!&time=06/03+13:48 Dow Jones Newswires -- June 3, 1998 Agouron Sees NDA For AG3340 Cancer Drug In 2000 NEW YORK (Dow Jones)--Agouron Pharmaceuticals Inc. (AGPH) hopes to file a new drug application with the Food and Drug Administration in 2000 for its AG3340 compound to treat cancer, according to President and Chief Executive Peter Johnson. AG3340 has been shown to inhibit tumor growth in laboratory animals. The compound works by inhibiting the growth of matrix metalloproteases, or MMPs, a family of enzymes that has been linked to the growth and spread of cancer cells. AG3340 is being studied in Phase III clinical trials to evaluate its effect against non-small cell lung cancer and hormone-refractory prostate cancer in combination with other cancer drugs. Speaking here at the PaineWebber Growth & Technology Conference, Johnson said Agouron also hopes to submit an NDA for AG3340 for the treatment of age-related macular degeneration about six months after its cancer filing, Johnson said. Agouron's protease inhibitor Viracept should overtake Merck & Co.'s (MRK) Crixivan within the "next several months" to become the most prescribed protease inhibitor in the U.S., Johnson said. Viracept has enjoyed a very strong sales ramp-up since the FDA approved the drug in March 1997. As of March 31, the drug had racked up sales of more than $308 million. Johnson said the sales growth potential for Viracept remains bright. Of the approximately 900,000 Americans who were believed to be HIV-positive in April, about 30% were not diagnosed, while another 30% were diagnosed but were not receiving treatment, Johnson said. He also noted that competition among different protease inhibitors isn't strictly a zero-sum game, considering that combination therapies are becoming more common. Of all patients currently being treated with protease inhibitors, it is believed that about 10% to 15% are taking two in combination, he said. That percentage is expected to double during the next year, he added. - Louis Hau; 201-938-5240 Powered by Quote Agentr and News Agentr from Gari Software/IDD Information Services Copyright c 1998 Dow Jones & Company, Inc. All Rights Reserved.