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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: Machaon who wrote (20526)5/11/1998 9:43:00 PM
From: bob zagorin  Read Replies (1) of 32384
 
someone asked why jim mccamant didn't mention lgnd on cnbc. don't know but here is his rec. on lgnd as of 3/98 as cited on henry's web site.

"Ligand is now filing for FDA approval of its first product, a treatment for KS, and THREE MORE DRUGS WILL BE FILED FOR APPROVAL in the next two years. In all, Ligand has more than 30 products in development, some of which target multibillion-dollar markets. Ligand also has seven attractive partnerships; the latest is a $174 million blockbuster deal with Lilly for treating metabolic diseases. Add it all together and the company is well positioned to be one of the few profitable biotechs in 1999."
McCamant recommends buying up to $16.00."

btw, i'm so happy to see the board focused on dissecting the news and science. this is what made this thread so great before.

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