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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.36+1.4%Nov 26 3:59 PM EST

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To: tonyt who wrote (17643)3/18/1998 8:17:00 PM
From: Hippieslayer  Read Replies (1) of 32384
 
i trust MM's words about has much as i trust that Bill is telling the truth. LGND jumps a major hurdle when it is able to get it's first NDA and thus sell its first drug. I'm not anticipating that the stock will fly, but I am anticipating that the street will be a more aware of lgnd and that the NDA will give the company much more credibility (ie that all the money spent on R&D wasn't wasted).
If lgnd doesn't get the NDA, the stock will drop faster than Bill's pants in a whore house( sorry, I just love using Bill CLinton analogies).

LGND has to produce is really the bottom line now.
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