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


To: Henry Niman who wrote (30252)1/14/2000 9:03:00 AM
From: Louis A. Rawden  Read Replies (3) | Respond to of 32384
 
Henry and all.....On Bloomberg just saw that Elan purchased in the open market 180,000 shares of LGND on 12/31/99 at 11+. These were open market purchases in addition to the note conversion. If ELN is going to try to acquire LGND I would think it would be within the next few months.....after that I think the premium required will grow expotentially.....