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Biotech / Medical : Ligand (LGND) Breakout!

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To: advinfo who wrote (462)1/8/1997 4:21:00 PM
From: Henry Niman   of 32384
 
Evan, You would be surprised at what the big boys would do for 1/8
or 1/4. MMs are ready to rock n' roll which is why the price can
go up or down so easily. There was quite a bit of retail profit taking,
and the price responded. It will respond in either direction, which
is why I think LGND will hit 20 this month. 20 this week is iffy.
It really depends on when the big boys jump in (the price will
respond).

Henry
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