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


To: shasta23 who wrote (11001)11/12/1997 3:11:00 PM
From: lavalamp  Read Replies (1) | Respond to of 32384
 
KINDA off topic

Stefan,

If you like sarcasm, check out sarcasm.com

if you are just in a bad mood you should try

clonlara.org
be sure and click on all the blue words;)

let's pretend we made a significant test of the bottom and are now prepared for a significant price rise:>



To: shasta23 who wrote (11001)11/12/1997 3:55:00 PM
From: tonyt  Read Replies (1) | Respond to of 32384
 
> And it looks like that LGND has stabilized for now 14 3/8

Back down to todays low of 13 3/4's

> Is that because Greenspan didn't hike the rate?

Looks like it did not have a positive effect (DOW down 150).



To: shasta23 who wrote (11001)11/13/1997 6:19:00 AM
From: Henry Niman  Read Replies (2) | Respond to of 32384
 
Stefan , ALRT came out with financials showing about $22 million in the bank at the end of 3Q. Nothing new in the release other than the statement that the Nov 3 call date is dependent on a success registration, which seems to be taking slightly more time than expected.



To: shasta23 who wrote (11001)11/13/1997 7:56:00 AM
From: Henry Niman  Respond to of 32384
 
Here's Dow Jones' version of today's press release:
Allergan Ligand 3Q Losses $3.22 A Share
Vs $2.73

Dow Jones Newswires

Allergan Ligand Retinoid Therapeutics Inc. - San Diego
3rd Quar Sept. 30:
1997 1996
Revenues -a $211,000 $926,000
Net income (10,461,000) (8,857,000)
Shr earns
Net income (3.22) (2.73)
9 Months:
Revenues -a 1,323,000 3,014,000
Net income (29,214,000) (20,267,000)
Shr earns
Net income (8.99) (6.24)

Figures in parentheses are losses.

a. Interest income.

Allergan Ligand Retinoid Therapeutics Inc. was formed in 1994 by Ligand
Pharmaceuticals Inc. and Allergan Inc. to accelerate development of retinoid
medications being pursued jointly by the companies.

Allergan Ligand said a more rapid discovery and development program for
a significantly larger library of viable retinoid compounds than anticipated at
the time of formation will result in accelerated spending, which could result in
the use of substantially all of the funds available for research and
development remaining in Allergan Ligand in late 1997 or early 1998.

As reported in September, Ligand and Allergan exercised their options to
acquire the assets of Allergan Ligand for $21.97 a share, or $71.4 million,
and to dissolve the company.

Current quote for: ALRI | AGN | LGND