Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 185.78

-1.4%

2:49 PM EST

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To: Cheryl Galt who wrote (24955)	8/27/1998 4:30:00 PM
From: Torben Noerup Nielsen	Read Replies (1) of 32384

Well, the knives are still falling :-( I for one have taken some major hits, but that is how it goes. But I still do not see any fundamental reason for the LGND drop. Given that, I actually feel pretty good about the whole thing. I'm trying hard to keep a little cash available to snap up some more shares if the stock price keeps heading south. I am looking at VICL as well - I have owned this in the past and I will again when I think the time is right - and I sort of hope for a really bloody day. Maybe 10-15% or so knocked off of the indices across the board. It might be a bit much to do it all in one day, but over a weeks time, it should be feasible without triggering a total panic. Such a drop would bring the statistics into line with historical values and Greenspan wouldn't have to get so uptight about the possibility of overheating :-) Thanks, Torben

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