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


To: billkirn who wrote (5664)11/10/1998 2:41:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 6136
 
Hey Bill, with the stock at 40, I have to wonder why some of these big guns continue to maintain a deal is in the works. I think BS had valued the company at around $45 on a buyout basis. I wonder if pipeline news has been changing this valuation. How 'bout $60 (I like to dream). Although I question if they'd sell at these levels also, what happens if and when all these rumors die with not action? Back to $30-$35?

In any case the power behind the stock seems to continue on what I consider to be low to moderate volume...suggesting to me that we're not looking at many sellers, and selected buyers.

sf