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Biotech / Medical : Ligand (LGND) Breakout!
LGND 189.80+3.6%3:59 PM EST

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To: WTDEC who wrote (18340)4/15/1998 1:19:00 PM
From: HerbertOtto  Read Replies (2) of 32384
 
Walter,
Sorry for the delay in responding. I had to go make some money trading. I caught RNWK at 14 - rode to 27. Then DCLK 30 to 39. Then SEEK at 19 - just out at 29. Next is DSET - in at 20 --- 1st target is 27.. then 45. Also got DAOU at 19 3/4. Target 25, then 29 to 31.
Came back to check up on LGND. May add on tomorrow at 14 to 14 1/4. When they delayed the NDA to May, 1998, I suspended trading in LGND. Holding established position. Hope LGND can re-base above the 200-day ma at 14 or so. Would allow for a new launch level for May announcements.
ISIP has moved ahead. Small NDA with Novartis.

Wow! While writing this, DAOU has moved from 20 1/4 to 21 5/16. Maybe I should write more often. Good Karma.<g>. Watch DSET.

Good luck,
Herbert
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