Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.84

+2.8%

Nov 18 3:59 PM EST

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To: Henry Niman who wrote (17579)	3/18/1998 9:28:00 AM
From: Sleepman	Read Replies (4) of 32384

Henry, The news is now out about the leptin deal. My humble analysis does not think it is all that great, but I am interested in others opinions. SmithKlein gets the compound for relatively little stock and royalties that were not outlined in the press release. LGND gets more dilution of shares and unclear milestone payments and royalties. Do you really think that this is a good deal? Dan

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