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

To: tdinovo who wrote (10124)	10/25/1997 6:02:00 PM
From: buyhiman	Read Replies (1) \| Respond to of 32384

Did not say so during all the chatter about a deal, but my feeling all along was that deal announcement would be constructive support for the stock, but not real big for stock price; fundamental fact remains that if/when product applications and approvals are in site, or trial breakthroughs are announced, then the stock will move dramatically; which brings us back to being patient investors, as long as we continue to like the lgnd story. I dont think the market conditions kept the stock down and I do believe the pros understand what makes biotechs move and will move to bid price up at the opportune time. Actually a dip to low teens would be opportunity to load up on more stock or warrants; my opinion only. Carl Richane