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Biotech / Medical : Ligand (LGND) Breakout!
LGND 200.79-0.2%Nov 14 9:30 AM EST

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To: squetch who wrote (20519)5/11/1998 9:13:00 PM
From: Machaon  Read Replies (4) of 32384
 
<< "We believe that the net effect, following closing of the merger, transfer of ONTAK rights from Lilly to Ligand, and launch of ONTAK following regulatory approval, is significantly accretive to Ligand earnings in 1999 and beyond," he said. >>

Sounds like Robinson has a lot of confidence. Does Wall Street have confidence in Robinson and LGND?

Personally, I like the addition of the science to LGND's pipeline. I'd like to see an analyst update on EPS projections.

I'll make a prediction for tomorrow. We'll have our normal, large rally, with almost 1 million shares traded, and close up a whopping 1/16th!

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Good luck, Bob
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