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Biotech / Medical : Ligand (LGND) Breakout!
LGND 188.97-0.6%Dec 31 3:59 PM EST

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To: Steve Tauscher who wrote (24421)8/13/1998 8:40:00 AM
From: Russian Bear  Read Replies (2) of 32384
 
Steve,

I have no doubt that purchasers of the warrants at these ludicrous prices will be very nicely rewarded for their efforts. I never imagined, for a moment, LGND and LGNDW would get this cheap. (Incidentally, SRGN is a very attractive play on LGND at these levels, also.)

Unfortunately, I am experiencing some financial discomfort, just now, and so am unable to take proper advantage of this opportunity. To all those that can -- my congratulations and best wishes.

Good luck,
RB

After edit: SRGN *was* an attractive play... I just read Henry's mesage that trading has ceased in that security.
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