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Biotech / Medical : Ligand (LGND) Breakout!
LGND 190.43-0.7%Feb 6 9:30 AM EST
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To: Harrison Hickman who wrote (7574)9/25/1997 11:36:00 AM
From: Andrew H   of 32384
 
>>CNBC sez Amgen lowered by Cowan. Company specific, or pall over all? Time will tell.<<

Harrison, I believe this is market specific. Amgen has recently announced that neupogen and epogen will not growing as much as in the past. Plus they have not had much success developing their pipeline.

However, the biotechs are on the move and unless the market tanks seriously, should remain strong through January H and Q conference at the very least.
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