Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 184.82

-2.0%

Dec 5 9:30 AM EST

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To: Andrew H who wrote (4091)	7/15/1997 7:51:00 PM
From: Henry Niman	of 32384

Andy, There were quite a few large blocks that traded today. I suspect that some of the big boys have some idea about LGND's activity at various large pharmas. Many of the employees at Parke Davis are well aware of LGND's repeated visits and I'm sure that there is much more activity at additional Pharmas. The diabetes deal will be quite large and its ceretainly not reflected in today's price. As some of the big boys catch on, you will see more high volume days like today. I'm still comfortable with my prediction of $30 for this year, and that comfort level is firmly tied to the diabetes deal(s). Henry

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