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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: bob smith who wrote (48)3/4/1997 6:16:00 PM
From: Henry Niman   of 57
 
bob, I don't think that the price rose without reason. There was a
flurry of orders near the close and I suspect that they were mostly buys.
Sooner or later the street will figure out LGND's potential. We have
been discussing the upcoming leptin deal as well as the diabetes trial.
However, LGND's sex steroid programs are huge and the will command a
very large market. Baby boomers continue to age and most of their upcoming
problems are addressed by LGND's programs (including LGND's two niches, cancer and
women's health). In addition to obesity and diabetes, LGND also has
a very large potential in the cosmeceuticals area as well markets targetted by their
various strategic alliances. Their new annual report (1966) shoul be coming
out soon and LGND's pipeline will put most major pharmaceuticals to shame.

Henry
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