Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 193.22

+0.1%

1:17 PM EST

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To: tonyt who wrote (16492)	3/4/1998 9:46:00 PM
From: Torben Noerup Nielsen	Read Replies (2) of 32384

Tony, >To bad Mr.Market isn't rational I tend to agree with you except I would assign the market a different gender.... :-) I tend to view it as a bear of the female variety. Nice and playful, but largely unpredictable and very dangerous at times! >(in any event, how likely do you >think it is that biotech investors also invest in chipmakers and >boxmakers? If a margin call is made, isn't possible that they will >sell a stock that is up 40% in two weeks to protect their investment >in INTC? Maybe the Mr. Market is rational after all) That isn't so clear to me. While I make no claims to rationality, I have been known to answer margin calls by selling chip stocks to maintain my LGND position! >The NASDAQ will open down at least 30, DOW down 100. But how low will it close? :-) Thanks, Torben

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