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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.36+1.4%Nov 26 3:59 PM EST
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To: Peter Silsbee who wrote (15865)2/25/1998 1:53:00 PM
From: Flagrante Delictu  Read Replies (1) of 32384
 
Peter, >> ...restricted stock in CYTL << It's highly unlikely that LGND failed to get a registration agreement from CYTL on these shares as well as on additionalyl forthcoming shares. Likewise, it would be most unlikely that LGND did not extract an agreement to be able to sell their shares on any secondary offering by CYTL, subject only to a possible mandatory holding period. Sooner, or later, LGND can unload. Bernie
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