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


To: Joe E. who wrote (5236)8/31/1998 5:57:00 PM
From: Zirdu  Respond to of 6136
 
"tomorrow will provide even better buying opportunities."

You may well be right. I'm not saying AGPH won't go lower. But, if you are a buyer of stocks for the long term, at some point you have to compare the price you are offered, with the alternatives, such as a 30 year bond, and decide which you would rather hold for a long period of time. I am just saying that you would have more money after 5 years if you put all your money into AGPH at 19 1/4 tomorrow, vs. putting it all into treasury bonds tomorrow at 5.5% or whatever.