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Biotech / Medical : Ligand (LGND) Breakout!
LGND 205.63+1.0%11:29 AM EST

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To: tonyt who wrote (17643)3/18/1998 8:58:00 PM
From: Brian Moore  Read Replies (1) of 32384
 
<< Don't be disapointed if NDA is announced and LGND only goes up 2 points >>

Tony, Interesting point for discussion. Perhaps you and others are familiar with the effect an NDA has had on other biotechs.

Certainly there are many, many examples of this. Perhaps those people with a strong background of viewing many companies over the years and seeing a lot of NDAs can tell us how they generally affect the price.
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