Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 200.79

-0.2%

Nov 14 9:30 AM EST

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To: RXGOLF who wrote (14405)	2/7/1998 10:08:00 AM
From: Henry Niman	Read Replies (1) of 32384

Ligand will also be covered well in Monday's IBD. They weren't included in the NASDAQ summary, but a table of their impressive financials will appear under the "Up" earnings reports and the table includes a 130% increase in sales. Yesterday's 201% increase in volume captured the #70 slot in the NASDAQ Greatest % Rise in Volume table. Moreover, LGND was #7 in the 15 Most % Up In Price table (and of course they were the only Biotech). Biotechs as a group also did well. The 2.1% gain for Medical-Biomed/Genetics group was tied for the #2 slot among the 197 industry groups. It looks like the Biotech Boom may have started 1-2 months later than usual.

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