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


To: Harrison Hickman who wrote (11794)11/26/1997 5:43:00 PM
From: Andrew H  Respond to of 32384
 
>>I guess I become easily confused with age. Prior to and in the immediate aftermath of "the deal," I thought we were instructed not to be concerned about the dilution. Waiting for the rest of the market to become as smart as we are is beginning to tax my patience. I'd rather them tax my capital gains. #:>)<<

Well, Harrison, I have little choice but to agree with you. So much for instruction. The dilution is just my take on things. Others believe it is the ALRI arbitrageurs. At times like this, I always take some comfort in looking at the excellent fundamentals of the company. Sooner or later the stock price will reflect these fundamentals. I just hope it is sooner.