Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 203.62

+1.2%

1:43 PM EST

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To: Brian Moore who wrote (17634)	3/19/1998 2:54:00 AM
From: HerbertOtto	Read Replies (2) of 32384

Brian, After reading your un-informed ideas of investing, let me suggest you begin with an easy-to-understand book by William J. O'Neil, "How to Make Money in Stocks". O'Neil is the founder of Investor's Daily. This will help you overcome your University views of investing - which generally lead to 'buy at the top' from Wall Street analysts. Let me also suggest you might try some simpler investments - other than biotechs. As you point out - no earnings - doesn't quite fit the simple University view of investing. You might try either Home Depot - a proven winner, or Eagle Hardware - a determined newcomer. Both companies have great sales and earnings histories. And you can take your choice of the established leader, or the profitable upstart. Both companies have all the numbers you need for your models. And you don't need the faith in science and research that is necessary for a biotech investor. Good luck, Herbert

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