Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 205.54

-0.6%

2:35 PM EST

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To: Machaon who wrote (15415)	2/19/1998 11:12:00 PM
From: Henry Niman	Read Replies (1) of 32384

Bob, Actually, my "spin" was a quick read as I was heading out the door and Yahoo had the press release up before I received a FAX, so I didn't have a release to refer to as I posted. My post was just meant to give a quick take on the release, which I viewed at the time (and still view) as a strong signal for investors that LGND was moving into a marketing and sales phase. Of course business development is a broader title and LGND is moving forward in that area also. I expect an announcement on the licensing of the GLYC technology to come out very soon. I also expect a leptin deal soon, although I suspect (but have not verified) that it will be with a new partner. I expect LGND to move forward on many fronts, which will keep Mirto to be very busy. The press releases are rather obvious. I'm a bit surprised that so much explanation is necessary, but peer influence is rather strong and some people may actually believe some of the gibberish that is posted on this board on an all too frequent basis.

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