Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 200.79

-0.2%

3:59 PM EST

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To: Cheryl Galt who wrote (29400)	11/16/1999 9:17:00 AM
From: Alper H.YUKSEL	Read Replies (2) of 32384

Cheryl, I believe that weak Panretin sales were already discounted during the quarter, when the price was languishing at 7 and change. Therefore, I don't believe that we'll go below that level at least for now. I think the main problem is the cash burn rate now. LGND needs to get some good results on the clinical front in order to survive. Next year will probably be the pivotal year for LGND's future. I am fine BTW as far as the earthquakes are concerned. Pres. Clinton is here this week and local papers have written that his hotel room has been strengthened with a steel cage. Cheers, Alper

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