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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.62+1.2%1:43 PM EST

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To: Andrew H who wrote (20554)5/13/1998 5:34:00 AM
From: Henry Niman  Read Replies (1) of 32384
 
Yesterday, H&Q put out a spot report on LGND to reflect the SRGN deal. They reiterated their BUY rec, but lowered 1999 estimates to $0.11, which is in line with Bear Stearns ($0.09) and Legg Mason ($0.08) estimates.
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