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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.95-0.7%9:47 AM EST

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To: Alper H.YUKSEL who wrote (30084)1/10/2000 4:27:00 PM
From: Torben Noerup Nielsen  Read Replies (1) of 32384
 
Alper,

I want this one to go up as much as you do. But I would like to see a slightly more solid footing; i.e., real news that confirms that we're on target for a profitable year.

It's too hard to tell what's going on now. Some of this might be anticipation buying from people who are expecting some fantastic news out of Robinson by the time his presentation ends tomorrow. And I'm *hoping* for that as I think most of us are. But I'm not yet *counting* on it. I think the signs are good and we've done a lot of house cleaning today. A significant number of shares got moved over a reasonable range. And there were enough small fall-backs that switched around quickly enough to make me believe that there's some sweeping going on.

But I really want to hear the Fat Lady sing before I get *too* excited. And if she does sing nice and loud, there are some shorts who might be induced to cover. Add the momentum players to that and we *could* be in for a ride. Till then, I think I'll take the veggie burger :-)

Thanks, Torben
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