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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.01-0.4%3:59 PM EST

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To: J Stone who wrote (17799)3/24/1998 7:50:00 AM
From: tonyt  Read Replies (1) of 32384
 
News of the NDA filing is, as I'm sure you're aware, is widely known. It is doubtful if an approval will propel it past $16. We were told that we'll get the 'news' by next Tuesday, and since we're not seeing any last minute buying in anticipation, there is even a chance that LGND will sell-off on the 'news'.

What LGND needs is new 'news'

--Tony
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