Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 192.97

-1.6%

Jan 16 9:30 AM EST

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To: Courtney Willfore who wrote (11118)	11/15/1997 9:56:00 AM
From: Henry Niman	Read Replies (2) of 32384

CW, I really see LGND quite positively. Others have criticized their burn rate, but their $200 million deal with LLY should taken them through profitability in 1999. Others have also complained about share dilution, but I view that as a necessary evil required to take LGND into the fully integrated pharmaceutical category. Many, including LGND management, consider LGND's pipeline the best in the sector, and I whole-heartedly agree.

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