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Biotech / Medical : Ligand (LGND) Breakout!
LGND 201.15-1.3%Jan 23 9:30 AM EST
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To: Skeeter Bug who wrote (3163)5/30/1997 1:20:00 PM
From: Henry Niman   of 32384
 
SB, I don't see the shorts causing any pressure. If they are part of the arbitrage position, they are covered with LGNDW or LGND shares paid to call ALRI.

I'm off to another tournament, so have a nice weekend.

Henry

P.S. There was a nice AP article on retinoid treatment of emphasyma (animals so far) at Georgetown. Should have a major impact for LGND, long term.
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