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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: Alper H.YUKSEL who wrote (29999)1/9/2000 9:01:00 AM
From: Henry Niman  Read Replies (1) of 32384
 
Alper, Thanks for the invitation. I suppose that post 30,000 should focus on 3 approved products in 1999, which is rumored to be a Biotech record. In 1999 LGND certainly transitioned into a pharmaceutical company from the approved products point of view. Now all they have to is generate the associated sales.

Near term I suspect that psoriasis is the key, in view of the similarities between plaque psoriasis and CTCL. However, positive breast cancer results will be needed to bring in the 3 that many investor are awaiting, which would be a triple digit price for LGND shares. With positive breast cancer results, such a target is doable, and of course the news would generate a Ligand Breakout! and be consistent with the theme in the initial post on this thread.
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