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Biotech / Medical : Ligand (LGND) Breakout!
LGND 195.86-1.0%3:32 PM EST

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To: Arthur Radley who wrote (14678)2/11/1998 10:45:00 PM
From: Andrew H   of 32384
 
>>Trying to anticipate the action tomorrow in LGND stock, if we draw a parallel to Entremed(ENMD), we should expect a real "pop" in the stock. If you recall, back in December ENMD announced pre-clinical rat results and their stock ran from around 10.00 to 16.75. ENMD is a one product(potential)company and we all know the pipeline and imminent NDA's that LGND is ready to file. Don't you think that LGND should do as well as ENMD considering the far greater potential?<<

TD, let's not get the cavalry out too soon--remember ENMD had a much smaller market cap, so the price runup is really not comparable.
Plus, they were rather unethically suggesting a cure for all tumors.
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