Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 201.28

-2.1%

Nov 13 3:59 PM EST

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To: Machaon who wrote (14840)	2/12/1998 12:01:00 PM
From: Hippieslayer	Read Replies (1) of 32384

Mr. Barry, Relax, there is no need to throw insults at me. Why don't you show some manners. I should clarify my remarks by writing that "I don't recall a stock price going up in the long run based solely on the hype of products not yet on the market." Biotechs surely jump when news of clinicals are good, but I've witnessed that the price usually comes back down rather soon. Ex- Corr, Chir, CORX-this jumped big time in late 96/early 97 when they announced positive results in one of their clinical and then deflated- CVAS, GERN-which is trading a serious hype. With the exception of CHIR, not other company I've mentioned has an approved product nor are any of them making money. Short term jumps on short term good news usually isn't supported over the long haul if the product doesn't come to market. If you have exceptions to what I've written, I'd like to hear them but don't make snide remarks to me unless your aim is to be put on my schmuck list next to Andrew.

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