Fellow LGNDers,
After going on another thread and posting what I thought was an interesting take on the tough market enviroment that the company would be facing in the future, I received death threats and had it confirmed numerous times what my wife has been telling me for over 20 years is really the truth. That being I am a worthless no good liar, an idiot, and will never make it in life. In addition, I had been seen in a sheep field not counting sheep.
With that said, please, I'm not a glutton for further abuse but I was reading the report on Millennium Pharmacueticals in the WSJ tonight. Here is a biotech signing a contract with Monsanto for a deal worth up to $218M over the next 5 years. All for the gene-mappping technology to improve agricultral crops.$38M now,20M for next four years, plus $100M for meeting certain objectives over the next 5 years.
In total Millennium has now signed deals that will bring in 600M over the next 5 to 7 years.This is in addition to the 100M it has received since being founded.
Contrast this with LGND's recent deal for diabetes and still you have Millennium trading at only $19 plus change.What am I missing in this equation? Have we placed the bar too high for LGND?
Now that I've said it, please understand that even though I have the word Texas in my name, I actually live in Boulder, Colorado and I go for walks each day in the mountains, I sleep late on many occasions, and my heart is in Hawaii with my dog, Dogface. |
