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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.84+2.8%Nov 18 3:59 PM EST

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To: Henry Niman who wrote (23691)7/29/1998 7:27:00 PM
From: Machaon  Read Replies (1) of 32384
 
<< JD, After the close another block of 17.7K traded at $12: >>

"Hope springs eternal"

I liked the sudden jump, at the end of the day. But, until the overhang disappears, I am not holding my breath.

On the other hand, I am hoping that the street pushes LGND up to about $15, in anticipation of the NDAs being approved. And then, on to $17!

The biotech indexes both trended up at the end of the day. Perhaps there's good things ahead, for a change!

Regards, Bob
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