Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 192.29

-0.4%

3:59 PM EST

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To: Torben Noerup Nielsen who wrote (29860)	1/3/2000 6:04:00 PM
From: Skeeter Bug	Read Replies (1) of 32384

tnn, profitability depends a lot on future decisions. i'm quite positive that lgnd could spend all the money they earn for many years if they decided to vigorously develop EVERYTHING in their pipeline. a lot depends on management finesse. i'll review th numbers (which i have ignored for some time b/c lgnd was so undervalued - worth the research to develop a new value model) from an "all else being equal" standpoint. but again, IF management wanted to, they could spend more than they could ever make to develop potential products. this is why management is so important and why i hope lgnd management 1. isn't as bad as the street says or 2. they learn from past errors. like it or not, they report to investors. i hope they understand this.

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