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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (66332)	8/17/1999 1:47:00 PM
From: CYC	Read Replies (1) \| Respond to of 132070

MB, Besides the disappointing earning news, ligand is burning cash fast, which might be another reason that it is down because fund needs to be raised somehow down the road. There is no question about the good pipeline, but I am afraid that it's going to take a while to turn around, IMHO.

To: Knighty Tin who wrote (66332)	8/17/1999 4:15:00 PM
From: Dave Feldman	Read Replies (1) \| Respond to of 132070

Hi Michael, Have to admit that I came here to find out your reaction to the Ligand news. I'm thinking of buying a little more here, too. Don't know if you are still an NEF owner, but if so, you've probably heard about the large distribution planned for holders as of August 24. Considering that it's open-ending and about to hand out 15% or so in cash, what would you do if you were moi, a long-time holder? Gracias, DF P.S. Did you see the MTV documentary on wrestling? I thought it was terrific. Followed HHH and Chyna, the fallen-from-grace Tony Atlas on the indie circuit, and Les Thatcher's wrestling school "cadets."