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Biotech / Medical : Ligand (LGND) Breakout!
LGND 185.86-0.1%3:59 PM EST

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To: Henry Niman who wrote (6599)9/15/1997 1:59:00 PM
From: Andrew H   of 32384
 
Clearly there is no selling wave, but I am not so sure that all is as you attribute to the MMs. There are so many factors that come into play with price movements, I don't see how you can be so sure.

IPIC is the big news today. Amazing how well they are doing considering. All the analysts have come out to support it. Be nice to have more analyst support for LGND, but I assume that will happen when the deal is announced. Not much happening with AGN today. Certainly nothing indicating a buyout. May be some time yet. Anything new in your email? (:>)
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