Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.01

-0.4%

Nov 19 3:59 PM EST

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To: schadenfreude who wrote (20557)	5/12/1998 3:40:00 AM
From: Torben Noerup Nielsen	Read Replies (2) of 32384

>Perhaps SRGN is worth the dilution, but I suspect that this is one >more piece of LGND's plan to build a large, diversified company >whether it is in the interests of shareholders or not. In other >industries they call it empire building. But don't you think that Robinson's pay is related to how well LGND does? I would assume that he has quite a few options and their value will rise in direct proportion to the value of LGND.... Wouldn't this be the case for all of the key decision makers in the company? What is interesting to me is that most everyone here seems to dislike the deal. But Robinson and crew must obviously like it. They did have an alternative; the LLY agreement did not obligate them to take the drug at all..... So what am I missing? Quite possibly I am just being stupid and not seing the obvious.... Cheers, Torben

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