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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.20+0.1%Nov 21 9:30 AM EST

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To: Tiger who wrote (29433)11/19/1999 11:06:00 AM
From: bob zagorin  Read Replies (1) of 32384
 
my point is (just like bringing down their equity commitment from ELAN) they are taking advantage of the price weakness to raise the capital. Wouldn't it would cost them more to redeem the warrants if the stock was in the midteens?
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