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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.01-0.4%3:59 PM EST

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To: Henry Niman who wrote (11006)11/13/1997 1:56:00 PM
From: shasta23  Read Replies (1) of 32384
 
Henry,you said:"ALRT came out with financials showing about $22 million in the bank at the end of 3Q"!
Was 22 mio the expected amount or was that less which would be maybe an explanation for some downward pressure? Someone mentioned the increased short interest in LGND based on the burn rate and if ALRT has less $$ than expected this might play a role here...

Stefan
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