SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Ligand (LGND) Breakout!
LGND 198.69+2.0%Dec 18 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Henry Niman who wrote (19112)4/17/1998 6:50:00 PM
From: WTDEC  Read Replies (3) of 32384
 
" Biotechs are certainly still trailing the market ...There was no January effect and much of the sell off was really late last year...Thus, investors looking to rotate into a depressed sector, have to be keeping an eye on Biotechs. Similarly those who are using big Pharmas to benefit from the demographics offered by aging baby boomers should also be sizing up the relative value of Biotechs"

Henry, your comments above are very timely. I had the good fortune to be in Palo Alto and on Sand Hill Road the past few days talking with some of the top vc people in the biotech area. There is no question they think many of the publicly traded biotechs are grossly undervalued. And most of them are putting their money where their mouth is by buying public company shares big time. I'm sure you can guess what they are selling to buy biotechs...

I came back even more confident that LGND can trade at $20 by post #20,000.

Regards,

Walter
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext