Ligand (LGND) Breakout! Message Board

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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: Mudcat who wrote (20659)	5/13/1998 10:20:00 AM
From: Henry Niman	Read Replies (1) of 32384

SRGN acquisition was supposed to help make LGND profitable in 1999. The three most recent projections are now very close to each other ($0.08, $0.09, & $0.11) and all show a profit. Before the LLY and SRGN deal, no one was predicting a profit for 1999. The projection of $0.84 was much higher than Bear Stearns and Legg Mason. H&Q is now "in line" with the others and they still show the highest profit.

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