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


To: Torben Noerup Nielsen who wrote (29183)8/17/1999 3:52:00 PM
From: Kushi Kullar  Respond to of 32384
 
I am very frustrated by this company. It seems like
they have good people, but no "street smarts"



To: Torben Noerup Nielsen who wrote (29183)8/17/1999 4:08:00 PM
From: bob zagorin  Read Replies (3) | Respond to of 32384
 
torben, i'm with you (although not as much). take a deep breath and step back for a few days. there are some real positives to go with the negatives. LGND does not have to look for additional financing. they have all they need at $14 / share from Elan. that is a major plus. maybe Elan and LGND mgt. will take another look here at TO because there would be major cost savings in merging the marketing / admin. groups. certainly limits the upside potential but that TO would be worth 14-18.



To: Torben Noerup Nielsen who wrote (29183)8/17/1999 4:10:00 PM
From: celeryroot.com  Read Replies (1) | Respond to of 32384
 
" I wonder if they're going to exercise the buyout clause and tender for the
entire company soon."

I don't believe they can til 2003(i think) unless they ammended that also