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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: Henry Niman who wrote (14563)2/11/1998 2:54:00 AM
From: Russian Bear  Read Replies (5) of 32384
 
Henry, great news!

I just got back home from seeing a play (and the two hour drive back home,) and... imagine my pleasant surprise!

Now, please correct me if I am mistaken, but I assume that late-stage KS is, essentially, a terminal process, without any spontaneous remission. This would make the 37% and 38% response rates *highly* statistically significant, would it not? I am inclined to assume that the associated "p" values are infinitesimal, although the press release does not mention them.

Tomorrow could be a very nice day! ;-) The financials appear to have started the appreciation process, a couple of days ago... now, these clinicals... and the NDA within the next seven weeks... it's beginning to look pretty good, isn't it?

RB

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