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

To: Henry Niman who wrote (9814)	10/21/1997 1:14:00 AM
From: CYBERKEN	Read Replies (2) \| Respond to of 32384

Andy/Stan & Henry::: I stand in total AWE of the OUTSTANDING Q&A exchange tonight. Regardless of the stock price, you have brought this thread and SI to a new all-time high. Congratulations and thank you. Chiro::"Gotcha" on 9800, but thanks for the positives. Still hoping we all reserve 10000 for Henry. He earned it tonight, as well as many nights past. BTW-not worried about LGND price until the wine bets over which day we will close at 100 or better. Maybe sooner than we think! Stocks in bumpy territory--but watch that THREAD COOK!!!

To: Henry Niman who wrote (9814)	10/21/1997 1:17:00 AM
From: Andrew H	Respond to of 32384

>>Andy, I think that you are looking at the deal from the wrong prospective. LGND is looking for partners to develop the drugs that they discover. They have discovereed far more than they can develop by themselves anytime soon. The broader the deal, the more products under development. ALL of these 1st and 2nd generation products will soon be replaced by 3rd and 4th generation products. These products don't do anyone any good sitting on laboratory shelves (as many have for many years).<< Thanks for all the answers Henry. You are right that I had lost some perspective here. But squetch lost it, too. (:>). Appreciate your clarifications a lot!!