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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?

To: Torben Noerup Nielsen who wrote (29060)	7/15/1999 12:48:00 PM
From: bob zagorin	Read Replies (1) \| Respond to of 32384

murphy (CTSL) announced last night on his hotline that he is trimming his biotech pf to get off of margin. he listed about 8 stocks in which he has trimmed positions including lgnd (but reitierated that it is one of his favorite cos.). he is predicting a big selloff in general market and is getting his bunker ready. of course, murphy has been pretty much a contrary indicator for some time now. case in point, he made his ski is falling prediction last night and this morning the cpi was great. btw, BOP is improving again (of course, this indicator hasn't worked very well for LGND either).