Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.18

+2.4%

12:52 PM EST

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To: Henry Niman who wrote (17572)	3/18/1998 9:07:00 AM
From: Andrew H	Read Replies (1) of 32384

Hey, great news! Only 14 months after the CEO announced there would be a deal but better late than never. Nice to have it out of the way. Yet another partnership with a huge pharm. We still have the Panretin filing by the end of March!! Furthermore, they are paying over $18/share for LGND's stock with options to buy more at 20. Just another signal to the Street that LGNS is undervalued. Once more, a big pharm pays all the money while LGND sits back and collects.

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