Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 197.62

+0.1%

Dec 24 12:59 PM EST

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To: Don S.Boller who wrote (29226)	8/31/1999 10:14:00 PM
From: bob zagorin	Read Replies (1) of 32384

IMHO, LGND is still a late development stage bio moving toward becoming a pharm. At this point, test results on major technology platforms are far more important than timing on sales of two acquired products. LGND deserves criticism for letting these timelines slip but NBD. LGND has plenty of cash drawn down at $14 / share from Elan. i've got allthe LGND I can handle right now but IMHO this is overreaction by both the analysts and investors.

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