Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 197.37

-0.3%

3:59 PM EST

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To: Proton who wrote (13635)	1/24/1998 10:51:00 AM
From: RXGOLF	Read Replies (1) of 32384

Peter, What was your technical take on yesterday? As far as sentimental reaction, it appeared LGND was dealt with rather harshly yesterday. Possibly we are all a bit more timid after the DEPO debacle a short time ago. Did PFE feel that the FDA would not want another useful treatment for breast cancer? That is just a bit hard for me to understand when the shelves are full of NSAI's,ACE inhibitors,Beta blockers, etc. Anyway, I'm sure managed care would appreciate even a me too drug. That way they could work their now famous rebate(aka kick back program) to the lowest bidder! I am sure that a sucessful osteo drug would mean much more to the bottom line so I agree fully with your half-full take on Droloxifene. Maybe even 3/4 full? Enough rambling, thanks in advance for any technical summary you might be willing to share this weekend!! RXGOLF

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