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Biotech / Medical : Ligand (LGND) Breakout!
LGND 198.69+2.0%Dec 18 3:59 PM EST
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To: RXGOLF who wrote (24584)8/16/1998 10:30:00 PM
From: Henry Niman  Read Replies (1) of 32384
 
Greg, When I talked to LGND on Aug 4, I definitely had the distinct impression that they were out and about, doing deals. I did get a record number of E-Mails this weekend, both in support due to LGND's depressed price, as well as interest in buying more and interesting activity.

Of course LGND is extremely cheap now, and their pipeline and partners continue to expand. I think that the milestone payments and new deals will improve LGND's balance sheet significantly. I do have a call into LGND to get a better read on the conflicting statements in the 10-Q and equity activity.
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