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Biotech / Medical : Ligand (LGND) Breakout!
LGND 197.29-0.3%3:59 PM EST

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To: celeryroot.com who wrote (26734)12/5/1998 1:56:00 AM
From: Cheryl Galt  Read Replies (1) of 32384
 
 >> I dont believe Allergan has sld any since June <<

Celery (or anyone), three questions.

1) Do you know how many shares they sold during 2Q (ended June 26)?
(Allergan saw a gain of $5.5 mm, their basis price (I think) was ~$8.5,
and during Apr-Jun Ligand's share price moved from ~16 to ~13.
Do we quesstimate? or can we know for sure how many were sold?)

2) Do you recall how many shares Alergan had at the start?
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AGN's 10Q for the 3rd Q, ended 9-25-98 and filed on 11-9-98, says on Page 15: 
"In addition, the Company realized the $5.5 million gain on sale of Ligand Pharmaceuticals, Incorporated stock in the second  quarter of 1998." 
freeedgar.com

In the 2Q 10Q, that "5.5 million gain" on investments showed up on the balance sheet -- but there was no text naming the investment. It was just a number, until identified in the 3Q 10Q.
 
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3) Also, how can I read these Form 144s (without paying for a subscription) ?
(They don't even show up on my other links to edgar.)

www2.edgar-online.com
 
TIA
Cheryl
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