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Biotech / Medical : Ligand (LGND) Breakout!
LGND 201.15-1.3%Jan 23 9:30 AM EST

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To: Andrew H who wrote (10075)10/23/1997 11:16:00 PM
From: Hippieslayer  Read Replies (2) of 32384
 
Your points are well taken, Andrew.
LLY made a big commitment to LGND and vice versa-LGND also has to come thru or much of the $174mm goes hasta la vista, baby . There are a lot of deals that have been made between big and small pharmas but have there been many deals of the magnitude that just took place. If this deal is as big as everyone is saying and bigger than what normally takes place, then I hope it slapped many analysts into taking a second look at LGND. I guess time will tell.

More importantly, What about all the conferences LGND attends? How many analysts attend and from where? I can't believe there are many biotech analysts that aren't aware of LGND. In fact, do you or does anyone know how many biotech analyst lurk around wall st?

I'm stretching the analagy a bit, but I'm starting to think that LGND is the Rodney Dangerfield of biotechs, it justing isn't getting the respect it deserves considering the overwhelming postive press/deals/science/and thread it enjoys.

Good night,

See you all at 5am PST
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