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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (24270)3/22/2001 2:32:53 PM
From: Jibacoa  Read Replies (2) | Respond to of 29382
 
Joe, excuse me for asking, but do you think LGND is going to derive some income soon from ONTAK,Targretin or Panretin ?

Their book value reportedly is a -$0.54 and their cash/share around $0.56 Although their loss was somewhat smaller in the last reported Q, if they keep burning money at last year's rate, they will need extra financing in about 9 months.

Do you think ELAN is going to provide them extra financing?

Bernard