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Biotech / Medical : Ligand (LGND) Breakout!
LGND 195.35-0.8%Dec 2 3:59 PM EST

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To: growthvalue who wrote (25834)9/29/1998 2:49:00 PM
From: Mudcat  Read Replies (1) of 32384
 
<My quick take is why in the world are they giving away 8% of the company (increasing the shares outstanding by 8.7%) for a morphine pill?>

Bob, it would be nice if Lgnd would indicate how much revenue this morphine pill is expected to generate. You really can't determine if it was a good deal or not without this info.
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