Ligand (LGND) Breakout! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Ligand (LGND) Breakout!

LGND 188.41

-2.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bob zagorin who wrote (26968)	12/18/1998 1:46:00 PM
From: Henry Niman	Read Replies (1) of 32384

It may have been a re-run, but CNBC just did a Biotech review. They noted that VC only out in half as much this year as last (for IPOs or secondaries). Rachel Welch of Warburg Dillon Reed indicated that 1/2 of the 300 public Biotechs only had enough money for the next 18 months. She saw a major shake-up with about 250 or the 300 out of business with the next few years, leaving about 50 companies. She noted that the profitable biotechs were up about 100% (this year?). Among the losers listed were AMLN, AIMM, ABTI, & IMUL Winners were AMGN, BCHE, INCY, CNTO Investors had to pick the right stock and not just the sector.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next