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Biotech / Medical : Ligand (LGND) Breakout!
LGND 205.91+1.7%1:38 PM EST

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To: Don S.Boller who wrote (18904)4/8/1998 9:31:00 PM
From: Machaon  Read Replies (1) of 32384
 
Don, thanks for your interesting response.

<< ... is that "big money" has bought rather than sold. >>

I wonder when the accumulation phase will end?

<< ... suggested LGND converts. >>

I guess that you are talking about LGNDW.

<< Others, are kids spending IPO bucks having fun in the lab. >>

So, selecting Biotechs, such as LGND, with several significant partnerships, and funding deals, buffer the investor, somewhat, against buying one of these "kids", right?

Regards, Bob
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