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


To: JOHN W. who wrote (5821)12/29/1998 3:25:00 PM
From: Izzy  Respond to of 6136
 
John: Take a couple of aspirin or tylenol and call me in the morning. You should have taken your flu shot, IMO.



To: JOHN W. who wrote (5821)12/29/1998 3:29:00 PM
From: Steve Fancy  Read Replies (2) | Respond to of 6136
 
I think we're gonna try and close the year out at a new high on the DOW. I'm waiting till tomorrow or Thursday and am finally gonna sell covered calls. Healthy premiums...10.5 for an August 60. I probably won't sell out that far, but I think it's almost time. Stock may sell off on any news short of a buyout.

I wouldn't trust brokers on options analysis. Many seem too high on the stock...this is typically when they fall. OTOH, momentum seems to be with it at the moment. Volume does not suggest high levels of momentum traders though. I suspect you are right...short covering.

sf