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

To: Henry Niman who wrote (12229)	12/8/1997 8:48:00 AM
From: celeryroot.com	Read Replies (2) \| Respond to of 32384

As of Friday afternoon, I called Farallon about an hour after their filing, they still owned 3.4. I'm sure that includes warrents, I think it is a combination of Lgndw and Lgnd(I didn't ask).It is hard to tell exactly how much ALri they owned without going back to past filings. Also, I suspect they are still short against the box on a bunch of the 3.4. Otherwise , who are all those shorts????? I'm not sure why one would want to cover,although the tax benefits might have changed, as I haven't shorted in years??? I'll check if they can be forced to cover, I don't know enough about that.