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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.36+1.4%Nov 26 3:59 PM EST

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To: Arthur Radley who wrote (9631)10/20/1997 12:48:00 PM
From: shasta23   of 32384
 
HI TD!

Isn't it also disappointing that they don't specifiy "double-digits" because i feel this is a very important part of the deal and we have absolutely no clue how it really looks like. Royalty payments on Tagretin can be a lot if we're talking 50% but 11% is a different story. To evalute the deal without the exact %age of royalties seems impossible. Maybe the company informed some people about the number and they decided to take their money elsewhere..
Henry...you can talk this sweet any way you want but the way the stock reacts to this deal is a DISASTER. The exuberance and expectation we're almost scary a while back. $20 was only a matter of time and we where actually more talking about $25 to $30. I guess the people outside this thread see it differently. It's a sad day...and i wish i haven't bought more around 17...

Stefan
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