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

To: Henry Niman who wrote (10276)	10/28/1997 9:50:00 AM
From: Andrew H	Read Replies (2) \| Respond to of 32384

Hey Henry, congrats on Beating Hampton!! What would you say the chances are of beating Norwin?

To: Henry Niman who wrote (10276)	10/28/1997 10:43:00 AM
From: HB	Read Replies (1) \| Respond to of 32384

Henry, what more do you know about the terms of the ALRI buyout? I got a call from my broker yesterday saying that it was all cash at $21.97, conditional on a majority of shareholders tendering (I did). Do you think the fact that ALRI hit $19 today is due to a serious possibility the buyout won't happen, or is it just market madness. I am tempted to load up (although at this point, it may be back over 20, who knows!!). Howard