Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 189.93

+0.5%

Jan 2 9:30 AM EST

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To: LLCF who wrote (26796)	12/7/1998 9:39:00 PM
From: Henry Niman	of 32384

The strike price is actually 20% above the average price of LGND in the 20 trading days before the warrants were issued on June 3, 1995. At that time LGND was trading right around 6 so the strike price is very close to 7 1/8, but may be a few basis points away from that exact number.

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