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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (66332)8/17/1999 1:47:00 PM
From: CYC  Read Replies (1) of 132070
 
MB,

Besides the disappointing earning news, ligand is burning cash fast, which might be another reason that it is down because fund needs to be raised somehow down the road. There is no question about the good pipeline, but I am afraid that it's going to take a while to turn around, IMHO.
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