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Biotech / Medical : Ligand (LGND) Breakout!
LGND 201.14+0.2%3:38 PM EST

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To: celeryroot.com who wrote (20720)5/13/1998 9:44:00 PM
From: Machaon  Read Replies (1) of 32384
 
<< I guess they're saying that 32k revenue was magical, it produced .73 revenue....spectacular >) >>

Agree. I don't trust a lot of analyst recs, especially if they make a market in the stock. There is too much manipulation going on.

But, what's with H&Q? Why were they way out in left field? Could they have just been a little sloppy with their evaluation of LGND's 1999 revenue and earnings, or was there some other reason for their inflated estimates? And, what does that say about their other predictions?

Regards, Bob
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