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Biotech / Medical : Ligand (LGND) Breakout!
LGND 184.82-1.9%3:59 PM EST

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To: Hippieslayer who wrote (17062)3/10/1998 11:51:00 AM
From: Henry Niman  Read Replies (2) of 32384
 
<<Yes, i'm aware of what I wrote and I'm aware that I forgot that I wrote about the trading range. But, I didn't ask you about the trading range. It was a comment of mine not a question. My main concern was your assumption that news would come out about the LLY deal which didn't happen last week. I t seems that you can't admit when you are wrong, especially when it's something so trivial like a press release.>>

I think that you forgot that you forgot what you wrote. Here's what you wrote:

"Did ligand take the money and run or did they select a drug? Some seemed to be confident that we'd learn of their decision this week. I guess not.

BTW, it's very interesting to see LGND stay steady in a huge bear market (thurs) and in a huge bull market (today). AS I stated earlier, lgnd looks to be forming a base bewteen 14.5 and 15.5 range when it has never really stayed in this price zone for a long period of time. Anyone have any comments about this?"

The first question was rhetorical (you answered it immediately). Your question "anyone have any comments about this?" looked like a question to me and the "this" sounded like the "14.5 and 15.5 range" (since the second paragraph discussed the "range") which I responded "Watch what happens on Monday!" and LGND opened at 15 15/16 on Monday.
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