Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.20

+0.1%

Nov 21 9:30 AM EST

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To: Proton who wrote (13429)	1/17/1998 11:04:00 PM
From: Andrew H	Read Replies (1) of 32384

>>The best "buy-and-hold" strategy may be to plot the three fair value projections given by Bear Stearns ($18 now, $25 on 12/31/1998, and $62 on 12/31/2002), fit a curve to the three points, and sell at any time the price penetrates the "fair value" curve (I have better ideas, to capture possible overvaluation caused by a population explosion at Lake Ligand, but I'll save those for another day).<< Peter, yours is an interesting perspective on LGND and the above statement may have some value. Would be interested in hearing you expand on your "better idea."

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