Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.20

+0.1%

Nov 21 3:59 PM EST

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To: scaram(o)uche who wrote (22031)	6/9/1998 11:32:00 PM
From: smh	Read Replies (1) of 32384

It is difficult to argue with the point of fact that one can buy the same share of LGND today - at the same price - as someone else who did so two years ago. However, I suspect we all agree that biotech (including LGND) is undervalued. Based on your comment that you like the company and are poised to invest when the time is right, one might infer that you recognize the intrinsic value which Robinson has (hopefully) built over the last couple of years. So, are you waiting more for Robinson to change priorities or for the market to recognize LGND's value ? Given the environment in which biotechs have existed, what should Robinson have done differently? I am sincerely and keenly interested in your thoughts on this point. Regards smh

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