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

To: Steve Fancy who wrote (6011)	1/27/1999 11:46:00 PM
From: Oliver & Co	Respond to of 6136

First, has anybody heard from Izzy? I e-mailed him yesterday, and it got returned as "undeliverable". I am concerned! Next, I agree with you,in fact I sold all my shares back in Sept. Took the money, and bought ONSL (@$22) and SEEK (@$18), the rest is history. So my advice is, take profits and reinvest. Good luck, JLL

To: Steve Fancy who wrote (6011)	1/28/1999 9:41:00 AM
From: Bhag Karamchandani	Read Replies (1) \| Respond to of 6136

Steve: Did you consider writing covered calls- open for Feb. onwards. I saw strike prices of 60 and 65? Since you play the option angle I was wondering if you would care to share your insights as to why you sold out. PS $60 per share sale price suggests that AGPH management discounted the present value of their research /oncology div. as near zero. In a way, this is confirmed by WAL share price appreciating after their offer. I am disappointed for AGPH shareholders- based on the information publicly available. Another enigma: Why did AGPH not consider alternative offers. Was it because WAL offered the most autonomy for the AGPH Division ( after the merger)?? If so, this may be in the best interest of AGPH management but not necessarily shareholders. Finally, I dropped out of this thread when I found some shareholders, who actively post, acting like IR proxies- rather than owners of a company. Nevertheless, I learnt a lot on this thread. Good Luck to you.