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Biotech / Medical : Ligand (LGND) Breakout!
LGND 195.83-0.7%Dec 26 9:30 AM EST

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To: Flagrante Delictu who wrote (13762)1/26/1998 8:11:00 AM
From: Henry Niman  Read Replies (1) of 32384
 
Bernie, Thanks for the update. The potential for LGND to create separate spin offs for each program has been obvious for some time now. Did the Lehman report hint that such spin offs were in the works?

Overall, things seem to be heading in the opposite direction. This morning it looks like Compaq is acquiring DEC and Northwest is aquiring a piece of Continental, with Delta also expressing an interest, which I think increases the odds on an AHP/SBH merger, which could/should be announced this week.
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