Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 192.31

-0.4%

11:28 AM EST

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To: jayhawk969 who wrote (24904)	8/26/1998 7:14:00 PM
From: RXGOLF	Read Replies (2) of 32384

J.D., Will the cheap get cheaper, or is this the time to buy? I sold some XOMA last year around 7, and just could not pass it up at 2.5. But heck, it may see 1.5 in a week at this rate. As you pointed out about ISIP, it is hard to pass up here, as is VICL. But how long will it be before this biotech slaughter stops? I have not followed biotechs long enough to know that there is, or is not, a strong possibility that this sector is in the midst of a "normal" rotation, and the "big boys" are just running them down in order to run them up again in the near future when they hold all the shares. We may not officially be in a bear market, but it sure feels like one from the biotech sector. Any thoughts out there? Good Luck, Greg

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