Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 201.14

+0.2%

3:38 PM EST

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To: Jack Be Quick who wrote (19500)	4/23/1998 10:27:00 PM
From: John O'Neill	Read Replies (1) of 32384

john >>What a baldfaced misrepresentation! Sure, in a general market meltdown LGND might hit 14 1/128, but 14??? NEVER!!! NEVER, EVER, EVER, EVER!<< This may be an overstatement but we still haven't discussed stock splits involved in any return to $14. I just pulled up the 10 year chart for Microsoft and the 5 year for Dell & it does look like they had brief declines to previous levels after splits. Suppose LGND goes to $100 then split 4 for one then has sharp decline from $25 to $14..That would be a sharp decline returning it to $14. JO

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