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Biotech / Medical : Ligand (LGND) Breakout!

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To: Torben Noerup Nielsen who wrote (29183)8/17/1999 4:08:00 PM
From: bob zagorin  Read Replies (3) of 32384
 
torben, i'm with you (although not as much). take a deep breath and step back for a few days. there are some real positives to go with the negatives. LGND does not have to look for additional financing. they have all they need at $14 / share from Elan. that is a major plus. maybe Elan and LGND mgt. will take another look here at TO because there would be major cost savings in merging the marketing / admin. groups. certainly limits the upside potential but that TO would be worth 14-18.
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