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Biotech / Medical : Ligand (LGND) Breakout!
LGND 181.45-2.4%3:59 PM EST

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To: Henry Niman who wrote (396)1/7/1997 12:07:00 AM
From: leibo   of 32384
 
Henry,

The possibility of LGND breaking past 20 within a weak is very possible. There is a lot of momentum on this stock now, if it continues we will se 30 within two months. I did some day trading on LGND yesterday buying at 16 1/4 and selling between 16 1/2-3/4. They where executed right away, that is usually a very good sign that demand is strong for a stock. If you look at the future potential, they should be trading at 30 or higher. I've advised my father to buy into LGND as a retirement investment, thats how strongly I feel this company is going to be a winner.

Leibo
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