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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.84+2.8%3:59 PM EST

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To: Torben Noerup Nielsen who wrote (20622)5/12/1998 8:15:00 PM
From: Hippieslayer  Read Replies (1) of 32384
 
How do you see that the market seems to think it was good? By the analysts reports?

I think we will see how good a deal it will be if and when the SRGN drug is approved and if it is prescribed. All this won't be known until a year, a year and a half from now.

As far as how the stock acted today, I'd say that I was right in that it was a wash. A quarter gain doesn't tell me much, but you might see it differently than me.

I'll assume that LGND's management knows what they are doing and hope that this deal turns out to be a great move for lgnd and us shareholders (though robert Barry is doing a good job in convincing me to sell. Hey BOB! Wanna buy my remaining shares for 20 dollars? :-)
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