Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 192.97

-1.6%

Jan 16 9:30 AM EST

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To: RevMikeB who wrote (17932)	3/26/1998 7:57:00 PM
From: Henry Niman	Read Replies (3) of 32384

RevMikeB, I'm not sure if it will be tomorrow or early next week, but I would extremely surprised if the NDA and IND were not filed this quarter. I talked to LGND earlier this week and had no indication that those dates would not be met. I suspect that both events are fairly widely known, but some may wait until the filings are announced before initiating coverage. I think that the new coverage, in conjunction with the filings and more positive clinicals will have a significant effect on LGND's price, although the two widely know events may not do that much by themselves. They will really set the stage for a major move associated with the additional news. Right now, MMs are shaking things up a bit to get the volume moving, but most of the big boys are firm fixed on the sidelines at the moment.

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