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


To: Bhag Karamchandani who wrote (4794)7/7/1998 11:38:00 AM
From: Steve Fancy  Read Replies (1) | Respond to of 6136
 
Bhag, I agree that comments here have little or no effect on the stock. Hope you don't disappear, your input has represented one of the few truly objective viewpoints. I for one have appreciated your more educated analysis of data presented here, and that is what I percieve you have been offering. You like myself seem to have become a tad more negative as time has gone on, but the stock has been on a steady downtrend, and any effort to analyze the reasons are and have been appreciated, at least by myself.

In that I think the stock may be attempting to bottom, I'm holding for the moment. Like Izzy don't want to bail at the bottom as many seem to be doing. We've either got folks panic selling at a loss, or the bears short selling their heads off with the ultimate goal of covering. Problem with the last theory, is that I don't see a lot of reason for a short to cover now, other than the possibility that earnings will be better than expected and cause the stock to to base in the 28-32 range. News should pick up as time goes on.

sf

sf