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To: Mike McFarland who wrote (2277)	2/22/2008 2:08:05 PM
From: Jibacoa	Respond to of 3722

LGND made a 2Yrs. L in spite of the insider's buying. Its 4thQ loss was higher > in 2006 in spite of sequential improvement on revenues for 4 consecutive Qs. bigcharts.marketwatch.com The short ratio increased > 25% & is around 24x its ADV The EL for 2008 is around $0.10 vs. the $0.35/shr in 2007 so it seems that it will probably should find support at present levels since the 1stQ loss in 2007 was $0.17 & the 2008 results are expected to be better. As you may recall, the Feb 2003 L was $2.77 & from there it was able to rally to $18.68 in Apr 2004, but don't expect a similar run under the present market's condition.<g> bigcharts.marketwatch.com Bernard