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

To: Henry Niman who wrote (10415)	10/30/1997 10:49:00 AM
From: SMF	Read Replies (1) \| Respond to of 32384

Bought more today @ 14.5

To: Henry Niman who wrote (10415)	10/30/1997 10:52:00 AM
From: CYBERKEN	Read Replies (1) \| Respond to of 32384

Helps to remember that a nice biotech rally started on November 7 last year. One more day for mutual funds to manipulate their holdings for tax purposes. Today's bad opening seemed to be on very low volume for the sector. Maybe we'll finish with an up day. Hong Kong took another dump yesterday, but other Asian markets didn't seem to follow as closely. Ligand started down, but is holding nicely so far. My prediction:::Ligand finishes higher today on heavy vol coming in late. Anybody here follow Immunogen? Like living on the edge of a cliff with one leg over. Could be a nice move up if they get a deal next month.