Ligand - LGND - thread for non-PhDs Message Board

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Biotech / Medical : Ligand - LGND - thread for non-PhDs

LGND 195.83

-0.7%

Dec 26 9:30 AM EST

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To: vulture who wrote (39)	1/30/1997 1:49:00 AM
From: John Grandy	of 57

Plenty of biotechs have slipped since the Hambrecht & Quist run-up. The BTK index has gone nearly straight up but nonetheless some very promising firms have seen price erosion: SHMN COCN SMTG LGND SQNA INSV. Unfortunately the entire sector is news driven and unless a firm has a continuing onslaught of only "good news" (AGPH, GILD) it's tought to get the momentum going. Apparently a lot of the big money still has nasty memories of 1994.

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