Ligand (LGND) Breakout! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Ligand (LGND) Breakout!

LGND 195.05

-0.4%

Dec 29 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Andrew H who wrote (13792)	1/27/1998 2:00:00 PM
From: Proton	Read Replies (1) of 32384

Re: Where to be in January Too bad the merger is not helping LGND any. Here are some YTD numbers to ponder: Drug Index +8.1% Biotech Index -2.9% Ligand Pharm. -7.8% To go back to Shakespeare, we can hope that, "The cat will mew, and the dog shall have his day." Right now, though, a lot of money that might have run after biotechs is finding better pickings in the drug group. You can bet that is going to include institutions. Indeed, ethical drug merger mania may be hurting LGND. It's hard to argue with a 16% disparity in performance (or even the 5% underperformance relative to the BTK... but we can just call that the droloxifene effect. :-O ) "The droloxifene news is a disappointment and creates a question about the drug's potential for the other two indications Pfizer is still pursuing," said A.G. Edwards drug analyst Kenneth Nover. Pý

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next