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

To: Henry Niman who wrote (9821)10/21/1997 1:36:00 AM
From: Andrew H  Read Replies (8) | Respond to of 32384
 
>>You have to hear about the compound soon. ALRI call is on Nov 3. Diabetes deal should be signed shortly thereafter. LGND then has 90 days to notify LLY (and I assume everyone else).<<

Let's hope they notify everyone else. Well, if its LLY's compound that's going to make LGND profitable in 99, then I can understand the 400M figure mentioned by Robinson. I am quite certain this is not factored into the current price. Best news of the day, Henry. Really appreciate it!! Have to check the LLY website.



To: Henry Niman who wrote (9821)10/21/1997 10:29:00 AM
From: squetch  Read Replies (1) | Respond to of 32384
 
Henry, This point(#6) seems the biggest near term financially. If this assures profitabllity in '99, analysts will be forced to upgrade forecasts leading to reiterations. My bet is street hasn't figured this out, yet. Hi Jesse!!!!!!!


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