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Biotech / Medical : Ligand (LGND) Breakout!
LGND 191.75+1.0%Jan 5 3:59 PM EST
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To: dwc who wrote (19195)4/17/1998 9:42:00 PM
From: Henry Niman   of 32384
 
dwc, Merrill Lynch had covered LGND, but I believe that the analyst left. They have a very exclusive conference in Feb or March which is largely attended by big pharmas. LGND was invited in 1996. At the beginning of this year I asked if they would be attending and was told not THIS year.

I used to get regular Merrill Lynch updates from a dermatologist friend. He actually claims to have bought LGND at the best public price ever. He put in a 1000 share buy at 5 1/2 and had 1/2 of his order filled at that price (in March of 1995). Needless to say, he is a bit more pleased with LGND's price action than bob (who I believe bought a year later at LGND's all time high of 19 3/4).
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