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Biotech / Medical : Biotech Valuation
CRSP 57.05-0.6%Dec 9 3:59 PM EST

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From: Arthur Radley2/22/2005 9:05:20 AM
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LGND:
This is my favorite love/hate stock of all time. I've held a small core position in this stock for about 5 years, plus I've traded in and out of it numerous times. I think the management of this company doesn't have a clue as to how to run a biotech,however, could all the "promise" finally be ready to "knock" on the door of being a winner? From this recent news release it appears that it will be make or break time for Targretin for non-small cell lung cancer in about mid-March.
biz.yahoo.com

I would like a show of hands from you mavens as to what the odds of this being a positive event for LGND..or will it result in Robinson merely saying that LGND will be profitable next year..next year...next year!
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