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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.18-1.4%Nov 28 9:30 AM EST

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To: Flagrante Delictu who wrote (11553)11/21/1997 12:06:00 AM
From: CYBERKEN  Read Replies (1) of 32384
 
Bernie-Have to agree with your spin. We really get in too much of a hurry. I'd have only been disappointed if IR had indicated that some pending good news will NOT happen due to subsequent events.

Andy-Thanks for calling. SEC moves at own pace, so no use worrying about them. Leptin deal probably pops up sometime after everyone has forgotten about it. Nor should we worry about Lilly drug. I'm actually glad they aren't rushing-only to find out they made a bad decision after it's too late.

Biotech sector action will determine price over the next several weeks, and I still think we are in for a good bit of late-year buying.
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