Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (14323)	2/5/1998 10:00:00 PM
From: Machaon	Respond to of 32384

Henry, thanks for the response. I was also wondering if there were any surprises in there for you, and you answered that question. You should've been down here in South Florida, with your soccer team, on Tuesday. A path of tornadoes ripped a pretty good path right near the soccer field where your team played. You could've gotten a lot of mileage out of that soccer ball! It was a very nasty day. So...... by 2006, if LGND has earnings of about $14, that would make a share price of around $300 (not allowing for splits), at 20 times earnings. 1000 shares of LGND right now are worth around $11,250. They would be worth $300,000 in the year 2006, if what is predicted for LGND comes true. I'm sorry! That is not a good enough return for me. I might consider selling my LGND shares and taking out a huge life insurance policy on Saddamn Hussein! Regards, Bob