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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: JOEBT1 who wrote (12857)12/28/1997 9:45:00 AM
From: tonyt  Read Replies (2) of 32384
 
> LGND's fair market value should be $18 to $24 per share now.(IMHO)

Although Mr Market thinks otherwise, I remember a short while back when $18 was supposed to be 'undervalued'.

The real question to ask in order to determine fair value is 'at what price would you sell?' -- Since there was a lot of selling at 14-15, I would state that fair value at this time appears to be $15.
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