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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.20+0.1%3:59 PM EST

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To: Henry Niman who wrote (14374)2/6/1998 4:16:00 PM
From: Alper H.YUKSEL  Read Replies (4) of 32384
 
Henry,

How's today's volume compare to previous high volumes ? Also was today's rally retail or big boys ? TIA

I think that yesterday's announcements do not really contain anything new and means much more to the general market than to the LGND threadsters (to the majority, I mean). I also believe that the new coverage initiations (buy/strong buy) are closer than most think, now that LGND is demonstrating strong and consistent performance regarding its financial status as well as the advancing pipeline. Based on these, I believe that 1998 will be a great opportunity for getting on board, before the 'Great Leap Forward' begins.

Alper
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