Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 189.55

+3.5%

Dec 12 9:30 AM EST

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To: tonyt who wrote (16906)	3/9/1998 1:04:00 PM
From: WTDEC	Read Replies (2) of 32384

Tony "> Would still like your view on likely LGND price action here. As soon as we clarify what we were supposed to watch out for today." "Walter, FUGAZI indicated that LGND was in a trading range between 14 1/2 and 15 1/2 (it closed at 15 1/2 on Friday). I said wait until Monday! There was never any mention of a press release. Later I explained that there was no specific announcement, but LGND's price would continue to be pressured upwards and the CPQ announcement was not a concern. As predicted, LGND's price rose on "no news" and the CPQ announcement was a non-event for LGND." So, Tony, where do you see LGND price headed here... wtd

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