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


To: Torben Noerup Nielsen who wrote (30046)1/10/2000 9:28:00 AM
From: Alper H.YUKSEL  Read Replies (1) | Respond to of 32384
 
Good Morning Torben, Henry;

Buyers are lined up at 14 according to my Level II. Let's see whether we can shadow the AOL-Time Warner deal this week. (He he, just joking.)



To: Torben Noerup Nielsen who wrote (30046)1/10/2000 10:40:00 AM
From: J Stone  Read Replies (1) | Respond to of 32384
 
We still have to allow for the possibility that there will be no press release tomorrow.

FWIW

Jeff



To: Torben Noerup Nielsen who wrote (30046)1/10/2000 1:00:00 PM
From: jayhawk969  Read Replies (2) | Respond to of 32384
 
Torben,

If I recall correctly the price on Marathon was $8MM, at purchase, separate from the Seragen acquisition. The company then paid for the continual operation of Marathon with 50 employees. My guess is that LGND gave away the store in contract guarantees to help sell this dog. Yes it is good to unload it but who knows what the real price is.

J.D.