Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 193.22

+0.1%

1:17 PM EST

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To: Andrew H who wrote (4563)	8/5/1997 3:56:00 PM
From: Henry Niman	of 32384

Andy, I can't do much about the stock price although MMs do seem to looking for sellers. Bid is up to 12 13/16. Price has hung around $13 on no news. Biotechs haven't done much lately, but conferences will begin soon and I do expect some major announcements from LGND. Rumor has it that the European data is worth sharing with potential patrners, and I expect an announcement soon (although I'm not sure who the partner(s) will be). The rexinoids will be major money makers sooner or later, and I strongly suspect it will be sooner. Henry While writing this post, volume went from 90,000 to 150,000. I guess good news travels fast! Looks like a 25k block as well as 10k and 9k, all trading between 12 13/16 and 12 7/8.

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