Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 195.77

-3.5%

3:39 PM EST

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To: Cheryl Galt who wrote (28916)	8/5/1999 1:21:00 PM
From: jayhawk969	Read Replies (3) of 32384

Cheryl, Today is the due date on Ligand to fund the Seragen/Ontak obligation. Ligand has the option of funding cash or shares. Even though they borrowed additional monies from Elan with the probable objective of funding the above, investor relations is mum. I don't want to see tomorrow mornings open if they dilute and fund with shares.. J.D.

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