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Biotech / Medical : Ligand (LGND) Breakout!
LGND 201.28-2.1%3:59 PM EST

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To: Henry Niman who wrote (15006)2/13/1998 1:02:00 PM
From: Brian Moore  Read Replies (1) of 32384
 
I notice that Ligand fell sharply during the first quarter of '97 -- lost almost half its value.

The stock moved up dramatically during the next two quarters -- pretty much doubling.

It then fell dramatically during the last quarter of '97, loosing perhaps 40%.

These are pretty dramatic moves. Can you tell those of us who are new to the thread what factors contributed to them?
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