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Biotech / Medical : Ligand (LGND) Breakout!
LGND 198.02-1.4%Jan 26 3:59 PM EST

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To: Andrew H who wrote (10129)10/25/1997 8:47:00 PM
From: james  Read Replies (8) of 32384
 
LGND won't moveup for some time to come

Hi Guys. Diabetes trials take 6-10 years for phase III alone. They have not started phase I yet. Why get excited so early? Put your changes in the bank, & checkout this one in 2005.

LLY might cover the cost for the big show, which is in the $0.5 bill. range. But how the hell LGND will make it through in between. Their class of compounds is in the stage of "proving of concepts". Mice tests will tell you where the holes are. I have been told that human is only one light year away from mice in evolution.

Good luck. See you at $11
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