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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (23806)10/21/1997 12:04:00 PM
From: bob smith  Read Replies (1) of 132070
 
>>2. Ligand and Lilly
just signed a deal that could net LGND $174 million. The stock barely nudged up on
the news. <<

I just sold my remaining shares of Ligand.
Now the HOOPLA is over and everything is on the table, I can't see any major price advancements for the near future.

I was also very disappointed with the stocks reaction after the deal was announced..

I agree with you about getting another chance at much lower levels.

Bob
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