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Biotech / Medical : Ligand (LGND) Breakout!
LGND 202.90-1.6%Nov 28 12:59 PM EST

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To: Cheryl Galt who wrote (28916)6/22/1999 5:05:00 PM
From: J Stone  Read Replies (2) of 32384
 
Cheryl,

It will surely be one of management's biggest screw ups if they fail to complete the filing by June 30. That said, their track record in terms of meeting targeted dates has been weak. I suspect that larger investors are awaiting filing confirmation before taking any action. My suspicion lies in the weak volume we've experience over the past several weeks. Targretin's passing FDA approval is key on the "march to profitability." I still believe it was get fast track status when it is filed.

FWIW

Jeff
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