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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.18-1.4%Nov 28 9:30 AM EST

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To: tonyt who wrote (25506)9/18/1998 9:05:00 AM
From: Skeeter Bug  Read Replies (1) of 32384
 
tony, at $7 in a biobear, i don't think two ndas are priced into the stock so i expect
approval to be somewhat "unexpected." not hyping, just hopeful. i think we'll find out a
lot about management savvy and their connections within 3 months. if they don't get
approval for both ndas then i'd begin to question their judgment.

if they do, though, then i'll feel much more comfortable and, i think, others will too. that
s/b reflected in a stock price near or above $10 - assuming the stock market isn't a 4
letter word by then ;-)
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