Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.20

+0.1%

Nov 21 3:59 PM EST

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To: squetch who wrote (10478)	10/31/1997 1:16:00 AM
From: CYBERKEN	Read Replies (1) of 32384

Storm clearing in Asia. One more day for mutual fund dumping. Wall Street's tunnel-visioned idiots may begin to smell the coffee once again. Today's market was relatively stable. The bears I read (as many as get into print or go on TV) are still schizo between predicting a great new inflation (raw material demands of growing 3rd world) and a great new deflation (earnings fade as producers fail to gain pricing power). Some of these bull-haters manage to predict both in the same sentence! Since you can't have both at once, the rational investor should assume NEITHER for now. Good time for a biotech rally to begin. Ligand still leading candidate for leader. GENZ got pretty cheap too.

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