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Biotech / Medical : Ligand (LGND) Breakout!
LGND 189.55+3.5%Dec 12 9:30 AM EST

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To: Mudcat who wrote (24804)8/20/1998 1:05:00 PM
From: Andrew H  Read Replies (1) of 32384
 
Even a complete numbskull like you ought to understand that biotechs are generally valued on future rather than present earnings. A change of a few cents in loss estimates for a couple of quarters would only be meaningful to someone as ignorant as yourself. Luckily biotech analysts know better.

You would be better off investing in government bonds. They are much easier to understand.
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