Ligand (LGND) Breakout! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Ligand (LGND) Breakout!

LGND 203.50

-1.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Henry Niman who wrote (16744)	3/7/1998 7:45:00 PM
From: WTDEC	Read Replies (1) of 32384

Henry, last week several of us felt the sell off of chip and pc maker stocks could result in a more attention to biotechs, which had been lagging the broad markets in terms of stock price performance. Well, thanks to some pointers from the good folks on the VD thread, I was able to pull together evidence on what seems to be happening. Here is data which I believe is reasonably correct: PERFORMANCE PERIOD INDEX / Last 3 months / From Jan. Low / From 2/27/98 S&P 500 / +7.18% / +14.13% / +0.54% NASDAQ / +6.24 / +16.87 / -1.24 NASD BT / +0.36 / +9.70 / +1.02 AMEX BT / -2.48 / +6.45 / +2.80 You can see there was biotech under-performance until last week when both biotech indexes beat both the S&P and NASDQ Composite. Have a good evening. wtd PS: Speaking of performance, what is happening on the soccer front, Henry?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next