Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.01

-0.4%

Nov 19 3:59 PM EST

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To: Pseudo Biologist who wrote (13873)	1/29/1998 1:17:00 PM
From: Proton	Read Replies (1) of 32384

Re: Are You Saying the Biotechs are Doing Well? Check the AMEX web site, if interested, for the exact composition and calculation of BTK. I could suggest the same to you. The index is calculated on a regularly adjusted market-weighted basis. If interested, you could check and see that the majority of issues on the BTK are down today. I consider the BTK a "best case" estimate of what biotechs are doing. If interested, you could go into the second and third tiers and see that "biotech" is doing poorly today. Today's CORRosion is and will have a deleterious effect on the sector. Pý

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