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 (14525)	2/10/1998 10:45:00 PM
From: Henry Niman	Read Replies (1) of 32384

RXGOLF, Today's action was a nice addition to yesterday's stabilization just below $13. If you recall, several posters expected a significant pullback yesterday. Instead the price was solid. Today it easily moved above $13. Tonight's news should fuel another move up. I expect the good news to continue (positive prostate and ovarian cancer news as well as more details on Panretin oral for KS to be detailed on April 8 as well as ASCO in May and the International (Geneva?) meeting in June). LGND is also presenting at UBS in April (in Europe) as well as H&Q in May (in Europe). Wires will be hot. Should be an interesting show for those sitting on the sidelines because they think that now is the time that Biotechs decline :-). I guess PTB was right.

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