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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.54+3.2%Jan 9 3:59 PM EST
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To: Henry Niman who wrote (3478)6/10/1997 11:16:00 PM
From: Vector1   of 32384
 
Henry, I don't think that there is another biotech even close to LGND in terms of clinical trial activity. I agree that a Lepin deal may only be worth a couple of points but, depending on the nature of the agreement it could be a lot better. A major phase II diabetes deal with with a major pharma will have the peanut butter crew eating caviar.
For those of us who stayed with the company and even added to our positions when the stock was in single digits this feels very good.
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