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Biotech / Medical : Ligand (LGND) Breakout!
LGND 185.97-0.4%Feb 10 3:59 PM EST

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To: lrb who wrote (7664)9/25/1997 8:34:00 PM
From: Harrison Hickman   of 32384
 
lrb:

Typically corporate Investor Relations or the transfer agent for the stock(s) will provide you that information.

During the time we have owned Thermo stock, the company has spun off something like a half dozen new companies to the stockholders. Each time, we receive a notice, much like a tax notice, specifying the basis price of the stock in the new company against which we would (will) measure gains at the time of a sale for the purpose of calculating taxes.

Since they have not calculated the final value of LGND for the exchange, or the ratio of cash to stock, I do not think anyone could answer #3 for you. You might try someone at LGND investor relations to see what they have now and when the rest will be available (619/550-7687).

Harrison Hickman
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