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Biotech / Medical : Ligand (LGND) Breakout!
LGND 186.64-2.0%3:59 PM EST

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To: HerbertOtto who wrote (6765)9/17/1997 6:41:00 AM
From: Henry Niman   of 32384
 
Herbert, Big boys will allow MMs to take the price as low as retail will allow. However, the diabetes deal will take out the 17 1/2 as well as the all time high of 19 3/4. Right now MMs are just dropping the price to demonstrate that the adage, "a fool and his money are soon parted" is alive an well in today's market.
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