Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 193.05

+1.7%

3:59 PM EST

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To: Henry Niman who wrote (26517)	11/16/1998 1:37:00 PM
From: Andrew H	Read Replies (2) of 32384

Henry, any idea what the total expected dilution might be assuming LGND took advantage of all the money Elan offered to loan them say at a conversion rate of 14/share? Are we looking at about 48 million shares? BTW, if the FDA has already approved, why is trading still halted?

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