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

To: Flagrante Delictu who wrote (14312)	2/5/1998 7:00:00 PM
From: tonyt	Read Replies (3) \| Respond to of 32384

Your knowledge of basic finance (basic math?) leaves a lot to be desired. Even so, the fact that the warrants are so thinly traded should give you a clue that many others also see that paying 14% to finance a stock purchase is not a wise choice. --Tony.

To: Flagrante Delictu who wrote (14312)	2/5/1998 7:27:00 PM
From: squetch	Read Replies (1) \| Respond to of 32384

>>the fair value of the warrant at approximately $6 with the common trading in this area, $11.25<< So why would someone who didn't believe in using Head & Shoulders, feel the need to hold out for a smaller differential?