Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.01

-0.4%

3:59 PM EST

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To: Henry Niman who wrote (14629)	2/11/1998 6:06:00 PM
From: Arthur Radley	Read Replies (1) of 32384

Henry, Realizing this is only animal models, it is still exciting news. With a 72% complete regression it certainly indicates that it works in rats. With the 72% number for Targretin and only 33% for Tamoxifen, can you determine if the Tamoxifen number is human or animal results. If the 33% number is animal and now is approved for humans, you would just have to think that Targretin will prove to be valid for humans(I HOPE, I HOPE). PS: Just found the answer by reading further in the news release. The tamoxifen number was also animal. One additional tidbit of information. I am holding some Feb 15 call options and needless to say for the past few months there has been no bid price offered for them,only an ask price of 3/16. Here with the stock sitting on 13.25 and 1.75 out of the money and expiring next week, suddenly today there was a bid of 1/16 for the options and at the close they had upped the bid to 1/8. Makes you think that someone knew that news of a major nature was coming.

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