SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: Henry Niman who wrote (14114)2/4/1998 12:08:00 AM
From: David L. Hachey  Read Replies (1) | Respond to of 32384
 
Henry, if we take the projected EPS and multiply by the usual P/E valuation of high tech stocks (~20-25:1), then the stock price will be in the $300/shr range by 2006.

I just watched a TV news piece on GREED, which advanced the hypothesis that greed is good. I sure hope to find out first hand. I picked up some more shares a couple of weeks ago, so I'm betting the pharm <grin> that LGND will live up to analyst's expectations.