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

To: bob smith who wrote (10109)	10/24/1997 9:48:00 PM
From: Henry Niman	Read Replies (1) \| Respond to of 32384

Bob, Retail selling frequently precedes big moves up. I still put recent retail selling in the BUY signal category. Today the MMs were droppping the price on very light volume. A few thousand shares could drop the price 1/16 or 1/4. It looked pretty artificial. Big boys had to pay a premium to buy. I expect the big boys to step things up next week and one or two initiations of coverage at these artificially low levels would not surprise me.

To: bob smith who wrote (10109)	10/25/1997 8:44:00 AM
From: lavalamp	Read Replies (1) \| Respond to of 32384

Bob, You can now become a contra/contra indicator by buying back in which will let us all know that the waters are safe and that LGND is moving back up. Is is a deal? Pretty please :> BTW: i guess you fiqured out what you wanted to do with that knife that was pulled on you. Tsk,Tsk.

To: bob smith who wrote (10109)	10/25/1997 9:16:00 AM
From: tonyt	Read Replies (1) \| Respond to of 32384

If the market doesn't turn around next week, where is the next support level? (is it 14?) If it breaks 14, it might be a good buy-in point for a short-term pop, although now that all the 'news' is behind LGND, that might be questionable. Looks like even TD is out. --Tony