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Biotech / Medical : Ligand (LGND) Breakout!
LGND 205.09+3.0%2:07 PM EST

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To: Flagrante Delictu who wrote (14326)2/5/1998 11:01:00 PM
From: squetch  Read Replies (1) of 32384
 
>>The lower you can buy a derivative under theoretical value,the more theoretical profit to be locked in.<< Bernie, Comparing derivative to derivative agreed. In a specific case by worrying about the derivative/underlying relationship, you could possibly hurt your absolute profit. It seems to me more important to wonder whether LGND will be higher or lower in '00 and then going from there. squetch
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