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Biotech / Medical : Ligand (LGND) Breakout!
LGND 196.50-0.3%11:19 AM EST

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To: Henry Niman who wrote (26865)12/11/1998 6:21:00 PM
From: Exacctnt  Read Replies (1) of 32384
 
Henry, A similar thing happened to me with a different stock. I received an offer through my broker from a third party wanting to take a position in a company. In this case the company was MMG. The offer was $2 below the current market price. I was irked that the third party would presume that I would sell my shares to them at a price below the current market value. I certainly don't understand the rational for making such an offer.

Regards,
Bob
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