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Biotech / Medical : Ligand (LGND) Breakout!
LGND 183.75-1.5%10:41 AM EST
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To: Andrew H who wrote (7450)9/24/1997 7:27:00 PM
From: Arthur Radley   of 32384
 
Andy, the world is becoming a very dangerous place when people start listening to what I say.
The diabetes market is so huge and remember that LGND will not have to pay any royalty to AGN for cancer or dermatology indications. Do you think that LGND will have to sign over 50% to the company involved in the diabetes deal? I would think that 25% would be more than generous.
Looks like another sleepless night but at least I have something think about until the market opens tomorrow.
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