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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.62+1.2%1:43 PM EST

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To: Hippieslayer who wrote (14763)2/12/1998 11:46:00 AM
From: Machaon  Read Replies (2) of 32384
 
<< I don't ever recall a stock price going up because the company has a great product. It goes up because their great product is making the company huge sums of money! >>

How long have you been studying the biotech sector? In fact, the biotech sector is not the only sector in which stocks are valued based on future earnings.

You probably "don't EVER recall a stock price going up because the company has a great product", because of what seems to me to be your limited experience with the stock market.

Are you related to tonyt at all? If I had to guess, you are his younger brother. Am I correct?

Just out of curiousity, do you really invest in the market?
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