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


To: Steve Fancy who wrote (5905)1/20/1999 12:31:00 PM
From: Henry Niman  Read Replies (1) | Respond to of 6136
 
I think that the acquisition/merger issue is as much in the how much category, as it is in the if or when category. On Nov 6 Bear Stearns downgraded AGPH (which was at $41) because they thought that the buyout would not have much of a premium:
biocognizance.com
Not sure if the market is beginning to believe BS, some news is coming up (AIDS and Infectious Disease Conference begins at the end of this month), or some are taking profits.