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Biotech / Medical : Ligand (LGND) Breakout!
LGND 200.79-0.2%Nov 14 9:30 AM EST

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To: Hippieslayer who wrote (23431)7/22/1998 12:36:00 PM
From: Machaon  Read Replies (1) of 32384
 
<< Have you no sense of observation? >>

Like you, I have a great ability to observe previous stock movements.

<< With the news that lgnd has put out this stock has done nothing except drift downwards since the LLY deal. There was a period where it started to climb but then it went down >>

Sad but true. I am impressed in your observation abilities! <g>

<< The problem, as it appears to me, is that you are emotionally involved with this stock and I that you are unwilling to look at it in a rational manner. >>

I am emotionally involved with any money I have left after payday. It has been a long ongoing love affair, but unfortunatly short lived! <g>

You are saying that I don't look at LGND in a rational manner. Yet, I discuss issues related to the company. You only talk about "previous" stock movements. Previous trends are important, but if you invest based on previous stock movements only, which is which it seems, you might consider putting your pennies in a sock, instead of investing them.

For instance, how do you feel about Ligand's corporate plan for "off label" marketing? I think that it is brilliant. That plan, plus their deep pipeline, is to what I am emotionally attached.

<< Lgnd looks to have a bright future, but at the moment, it's dead. >>

So, at this moment it is dead. Hence you have sold your shares. But, it's got a bright future?! Sounds like a real great reason for selling. Hmmmmm!? Oh, I forgot. You like to invest by looking backwards! <g>

<< Why is that so hard for you to understand? Just because you don't like what I say doesn't mean it isn't valid. >>

I will never understand racism. I have a low tolerance for hate, but strong motivation towards justice.

<< Okay smartguy, you tell me why lgnd is at it's present price and looking to yet set any solid base? >>

Biotechs have been the whipping boys of the market. LGND is not alone. There are many biotechs that are languishing. Have you no sense of observation? <g>

<< Let me tell you something. LGND is overpriced as it is. >>

I think that you are seriously wrong on this point. But, you are not a shareholder, and I am. Even though we are adversaries, I hope that you don't miss the LGND plane, when it takes off.

<< I still like the company but would rather take my risks somewhere else. >>

Like the company? Please don't get emotional attached to it! <g>

Good luck with your non-LGND investments. I'm sure everyone on this thread will be pulling for you! <g>

Bob
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