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Biotech / Medical : Ligand (LGND) Breakout!
LGND 183.71-1.2%12:32 PM EST

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To: tuck who wrote (7679)9/25/1997 7:47:00 PM
From: Arthur Radley   of 32384
 
Howdee Good Friend of Robin I assume:
I agree that last nights news was good for the long term. Personally,all my attention has been focused on the diabetes deal and you would think that the BIG BOYS were doing the same. We all knew the ALRI deal was coming but the extra features surely caught the fiancial boys off guard. I got the fax last night and poured over it for a long time before digesting "some" of the features. I think that the phone lines were humming in San Diego today from the money boys and when they have the chance to analyze, the positive spin will be forthcoming. Often there is a delay in a stocks reaction to such news as LGND offered last night. Keep the faith and stop abetting that robber Robin.
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