Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.01

-0.4%

3:59 PM EST

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To: Glass House who wrote (14113)	2/5/1998 8:58:00 PM
From: Henry Niman	Read Replies (2) of 32384

I did dig out the RS 10 year projections (made on 11/26/96) and as I suspected, the RS estimates made in 1996 are similar to the Bear Stearns' numbers of Dec 31, 1997 (made for 2003). The latest estimate by Bear Stearns for 1999 shows a profit of $0.09 and today's press release also predicts a profit in 1999. RS shows a loss of $0.68. Profits don't show up until 2000 ($0.10). After that, the numbers are: 2001 $0.45 2002 $0.60 2003 $1.80 2004 $5.00 2005 $10.65 2006 $14.55

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