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

To: tonyt who wrote (14395)	2/6/1998 8:52:00 PM
From: Torben Noerup Nielsen	Read Replies (1) \| Respond to of 32384

Tony, >Just buy in-the-money calls. I really don't understand why you are >not comfortable with the options -- You can control more shares on >Ligand than with warrants (That is what you want, isn't it?) I do want to control as many shares as I can. But to be honest, I do not know all that much about economics and finance. I made it through college without ever taking courses in either (I started out in Mathematics and Physics and ended up with a doctorate in Computer Science after lots of detours). I keep meaning to do something about my ignorance, but I just don't have the time. I started investing as a game of sorts. Most of my time is spent in a research environment and investing is a hobby of sorts (retirement will come out of TIAA-CREF, a defined benefits plan from my employer plus social security so I am not even doing it for that). My other hobby is molecular biology so investing in biotech stocks has some appeal to me. I am fairly aggressive when I invest and I can afford to since the money I have on line is not needed to take care of my family either now or for the foreseable future. But I try to stick to things I feel I understand reasonably well and so far, that is really only stocks and a warrants (depending on what the warrant entitles you to). This is also the first time that I have ventured into warrants and I have learned a great deal from the rather spirited discussion here. There are times when I feel that the posters are getting a bit too personal. But at the same time, I consider myself lucky in that I get to sit there and look at all the different points of view. It is quite useful when you get used to filtering out some of the verbiage :-) Cheers, Torben