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

To: Tommy D who wrote (14411)	2/7/1998 2:14:00 AM
From: Joe S Pack	Read Replies (2) \| Respond to of 32384

Henry your great web site is getting better every week. At last the tide is turning. It is a good news. I think it will be great if this upward momentum continues early next week and forms support above 13-15 range. Let us see. May be some more good news is about to follow and hence recent above normal volume activities. Is time running out for LGND to select the drug as part of ELY deal? Picking a good from Lily and filing one NDA within a week or two will be a great 1-2-3 punch IMHO. All the best. -Karun

To: Tommy D who wrote (14411)	2/7/1998 8:42:00 AM
From: tonyt	Read Replies (1) \| Respond to of 32384

> I had approx. $6000 to spend and felt Lgnd was a reasonable purchase > so I bought at the open this morning for $6 1/8 for 1000 warrants. > I made a greater profit(on paper) than if I had bought the shares by 50% Why wouldn't you buy the shares on margin? If you did, you would have had a greater profit of $875 (even if you bought twice as many warrants on margin, the stock is still ahead by $125) If you had used the $6K to buy LGND (on margin) instead of LGNDW you would have made 15% more.