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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.20+0.1%Nov 21 9:30 AM EST

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To: Spekulatius who wrote (22222)6/14/1998 5:20:00 PM
From: Henry Niman  Read Replies (2) of 32384
 
Ralf, I don't think that you follow LGND very closely. They went public in 1992 (as LGNDA - LGNDB was not traded then) and at that time there were about 15 million shares outstanding. LGND's dilution is a bit steeper than the Biotechs that you follow. However, LGND acquired GLYC and ALRT over the time period that you posted. How many Biotechs did the ones that you cover acquire?
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