Ligand (LGND) Breakout! Message Board

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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: Henry Niman who wrote (7289)	9/23/1997 2:41:00 PM
From: Arthur Radley	of 32384

Henry, I had a copy of the FIRST CALL report faxed to me and the only thing I noted was that as of 9/12/97 the 5 brokers following LGND had all moved to a 1.0 rating(BUY). Previously it was 4 with a 1.0 rating and 1 with a 2.0 rating(BUY/HOLD). I will check later today to see if First Call has issued something in the interim. It is a shame that some of these retail holders are letting their LGND shares go so cheap,with the good news just around the corner. I still have faith that something will be announced before the end of the Q. I don't think they would have even mentioned the 3Q without there being a near certainty that an annoucement would be fortcoming. Always the eternal optimist that I am!

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