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Biotech / Medical : Ligand (LGND) Breakout!
LGND 201.28-2.1%Nov 13 3:59 PM EST

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To: Proton who wrote (23347)7/20/1998 12:04:00 AM
From: Henry Niman  Read Replies (1) of 32384
 
PP, As has been quite apparent for over a decade now, LGND's core IR technology goes right to the heart of the therapeutics industry. Now with the mimics on the STATs technology, LGND is poised to make advances are breakneck speed. If you are looking for a slowdown in deals or projects, then I think that you are in the wrong stock.

LGND is at the right place at the right time with stunning advances coming out at a very regular clip on the science side. Biotechs have done a horrible job lately in the clinical area, and the entire sector has been depressed. They have created a poor risk/reward ratio, and I suspect that some of the big boys have been pulling back, especially from the smaller Biotechs, which still have a bit to go before products come to market.
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