Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 198.69

+2.0%

3:59 PM EST

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To: Henry Niman who wrote (4351)	7/28/1997 5:22:00 PM
From: Andrew H	of 32384

>>Andy, I talked to IR and I'm sticking with my prediction of $30 by the end of the year. Leptin deal is still the most iffy, but Diabetes Deal should generate some very big smiles for LGND shareholders. LGND's beginning to firm up their conference schedule. They'll be at BioCEntury on Sept 4, Bear Stearns Sept 11, and UBS in October. I expect some MAJOR announcements.<< Glad to hear you spoke to IR and hope you will keep in regular contact with them and keep us informed. Let me get this straight now. When you say the leptin deal is the most "iffy," just what do you mean? You think we will see it in the next couple of months? You suggest you expect "some major announcements" during the 3 conferences. I notice the plural in "announcements." Does that mean you expect more than one announcement by UBS time in October? Both leptin and diabetes? Also panretin trials and NDA? In this time period? I can only hope you are correct. You suggest in a previous post more stock dilution. I sure hope that will be at a higher price. I cannot see the stock hitting 30 with any significant dilution near the current price. Regarding the $30 price, would you care to wager a bottle of wine on your now (in) famous prediction? The stock hits 29.5 or higher by year end and I send you a bottle of wine (or $25). If the stock doesn't, you send me the bottle or the cash? It is a bet I will be delighted to lose! What do you say?

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