Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.36

+1.4%

3:59 PM EST

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To: CYBERKEN who wrote (11310)	11/17/1997 10:15:00 AM
From: Henry Niman	Read Replies (1) of 32384

CYBERKEN, LGND is definitely heading in the right direction. It's up to 14 3/8, which is a marked improvement over Friday's low of 13 5/16. LGND does have quite a bit of news lined up, and I'm not sure when it will be released. Perhaps the ALRI call is causing a news log jam, or maybe they are giving some of the analysts a few more days to come on board while the price is so low. Last week wasn't the best time for news, due to market conditions, but now things are beginning to improve. Diabetes is in the popular press via AMLN (Barron's last week and NY Times today), but that news hasn't done much for their stock price (of course the delay in FDA filings probably was the overiding factor in that case).

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