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Biotech / Medical : Biotech Boom?
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To: Rosemary who wrote (80)12/10/1996 2:36:00 PM
From: Henry Niman   of 368
 
Rosemary, LGND has moved up another notch (13 1/8 X 13 3/8) on about
1/2 million shares. However, Dow Jones hasn't picked up the story yet.
On April 28 the same thing happened. PRNewswire carried the story
at 9:00 AM. Price and volume increased, but not dramatically. The
next afternoon Dow Jones carried the story (Targretin stabilized
advanced lung cancer) and price and volume exploded.

Henry
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