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


To: J Stone who wrote (30050)1/10/2000 11:01:00 AM
From: Torben Noerup Nielsen  Read Replies (1) | Respond to of 32384
 
Jeff,

I agree. But if Robinson is out of powder, why did he use the last bit today instead of tomorrow? I'd consider todays release fairly significant. Note that the amount involved is close to what they got out of the early warrant exercise so it is non-trivial. Also, he's been making rather sweet music lately; i.e., he's acting as if he really *does* intend to push hard on the *core* business. This is backed up as well by the sale of the royalty stream recently. I really do think he's gotten the message about shareholder value.

And I think he's going to make a monster push on Targretin. This one is either going orbital or into the pits. There's no way it can survive level. Just my opinion anyway.

Thanks, Torben