Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.36

+1.4%

Nov 26 3:59 PM EST

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To: tonyt who wrote (22275)	6/15/1998 7:52:00 PM
From: bluejeans	Read Replies (1) of 32384

Interesting discussion on yahoo regarding dilution and management options. Seems that management has already taken over 4 million shares in stock options and recently raised the # of shares available for employee stock options to over 7 million shares!! (Looks like Ligand is an excellent company to work for) According to the proxy material mailed out to Ligand Shareholders and voted on by the shareholders ,the increase was 785 K shares; which when combined with the previous amounts causes a total of 8,088,457 shares of common stock to be reserved for issuance over the 10 year term of the 1992 plan.

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