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Biotech / Medical : Ligand (LGND) Breakout!
LGND 205.91+1.7%1:38 PM EST

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To: Henry Niman who wrote (20952)5/16/1998 11:24:00 PM
From: Machaon  Read Replies (1) of 32384
 
<< The sector has been depressed and is very cheap right now. >>

I wonder about the possibilities of a general market pullback, without a biotech stock pullback?! I like my, mostly, biotech portfolio, at this time, for the reason that you stated, and that I feel biotech is going to become the "tech" stocks of the future. I'd like to increase my holdings.

<< Flying platform looking more and more like launch pad. >>

I hope that the launch goes nice and slow. LGND shareholders have been starved for so long, that too much ingurgitation might be bad for one's health. Could LGND shareholders adjust to an upward moving stock price? I don't know!?

Thanks for the info on the Barron's article, and your evaluation.

Regards, Bob
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