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Biotech / Medical : Ligand (LGND) Breakout!
LGND 184.82-2.0%Dec 5 9:30 AM EST

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To: Henry Niman who wrote (16869)3/10/1998 1:54:00 AM
From: Torben Noerup Nielsen  Read Replies (4) of 32384
 
Henry,

>I don't think that anyone said that there would be a LGND press
>release today.

I do not recall you stating that there would be a press release today. I think the problem is that you put out a teaser like ''wait till Monday!" and it got interpreted and reinterpreted over and over. This can cause problems.

>As I said earlier, I can't publish what some have said about our
>favorite nay-sayer, although misreprentation was a concern.

This sort of statement does not do you credit. As I read it - and please correct me if I am wrong since I would really like to be - you are accusing someone of misrepresentation while also stating that you are not willing to provide the evidence. That simply isn't right. All you can properly do is point out that you never claimed there would be a press release today.

Regards, Torben
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