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


To: Don S.Boller who wrote (29226)8/31/1999 10:14:00 PM
From: bob zagorin  Read Replies (1) | Respond to of 32384
 
IMHO, LGND is still a late development stage bio moving toward becoming a pharm. At this point, test results on major technology platforms are far more important than timing on sales of two acquired products. LGND deserves criticism for letting these timelines slip but NBD. LGND has plenty of cash drawn down at $14 / share from Elan. i've got allthe LGND I can handle right now but IMHO this is overreaction by both the analysts and investors.