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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (2198)	8/27/1997 3:47:00 AM
From: Henry Niman	of 9719

Good luck at $14.25. I would be EXTREMELY surprised if it gets filled. Most of yesterday's action was around $14. The MMs filled a 100 shares sell order on the close to end at 13 3/4. I'll be surprised if LGND opens below 15. Almost 600,000 shares traded yesterday and MMs kept raising the ask to fill big boy orders (blocks of 10,000 or more). Many were (11) filled yesterday. Today, you will really seem what can happen when institutions and retail combine forces! Congratulations and adding to your position at 12 1/2. Those days will be history after today's announcement.

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