Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 202.90

-1.6%

Nov 28 12:59 PM EST

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To: Arthur Radley who wrote (29444)	11/20/1999 2:26:00 AM
From: Cheryl Galt	Read Replies (1) of 32384

> Could we be in store for a similar situation with LGND? I sure hope not. < Well, at least Robinson, Maier, and Respess (especially Robinson) are putting their money where there mouth is. The SEC report says they intend to tender their 70,376 Warrants. --------------- IMO Targretin is likely to do well -- in the relatively near future, even if there is some sort of FDA-delay glitch, which is a standard part of the biotech ballgame. The important thing to me is that they don't run out of money just before payday, and have to take a usurious loan. So I'm glad they made this move. If one is long -- and not holding warrants near the June drop-dead date -- who cares if there's a stormy period just before profitablity? (Which I figure will hit in early 2001) Regards, Cheryl -- and it's only 11:15

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