SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Ligand (LGND) Breakout!
LGND 193.05+1.7%Dec 15 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: squetch who wrote (9566)10/20/1997 10:36:00 AM
From: Russian Bear   of 32384
 
Can you believe it??

I actually hit the day and time of the *big* announcement squarely on the nose, and now ... this! AM only lasts another 90 minutes, or so. Somehow, I doubt that I will be drinking TexasDude's wine, anytime soon.

On a more serious note, the deal looks OK to me, but probably not spectacular. Of course, it doesn't quantify what, exactly, are "double digit" royalties. Forty is a double digit number, as is, alas, ten. I am assuming the low double digits, when I categorize the deal as merely "OK." Also, Henry's Evista comment sounds mighty intriguing, and could, potentially, change the whole complection of today's news release. So, I guess it is still too early to tell just how good the deal will turn out to be. But, it is clearly not the obvious "slam-dunk" that I was hoping to toast with TD's bottle. -g-
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext