Biotech Boom? Message Board

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Biotech / Medical : Biotech Boom?

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To: Rosemary who wrote (58)	12/5/1996 10:56:00 PM
From: Henry Niman	of 368

Rosemary, I just visited PC Financial Network at pcfn.com and noticed that they have a fair amount of info. I have an account so I took a look at LGND's Zach's report. I thought it looked pretty good. The three recs LGND had before today (Merrill Lynch, Bear Stearns, and Robertson Stephens were all listed as STRONG BUYs). The broker's recommendations placed LGND in 6th place among 111 Biotechs (I'll let you know what today's rec does for them). The also showed 3 estimates for end of year earnings. Best was -1.13, worst was -1.33, and median was -1.23. H&Q just came out with an estimate of -1.07, which beats all of the previous estimates. I expect the good news to continue.

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