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

To: Henry Niman who wrote (14674)	2/11/1998 9:48:00 PM
From: Arthur Radley	Read Replies (3) \| Respond to of 32384

Henry, Trying to anticipate the action tomorrow in LGND stock, if we draw a parallel to Entremed(ENMD), we should expect a real "pop" in the stock. If you recall, back in December ENMD announced pre-clinical rat results and their stock ran from around 10.00 to 16.75. ENMD is a one product(potential)company and we all know the pipeline and imminent NDA's that LGND is ready to file. Don't you think that LGND should do as well as ENMD considering the far greater potential?

To: Henry Niman who wrote (14674)	2/11/1998 10:37:00 PM
From: Steve Tauscher	Read Replies (1) \| Respond to of 32384

To Henry, Andrew, TDude and all: congrats on the great news this week! Henry, I've read every post on this thread (Whew!) and want to especially thank you for sharing your time and expertise to the many discussions. Its been fun to follow this lively crew and the wonderful technical progress in LGND. I've been a trader in LGND and other biotechs but am now wondering whether this is the best approach as LGND and ISIP approach NDA submissions. I think someone on the ISIP thread pointed out that AMGN traded in a narrow range as animal and human data was released year after year before taking off in 90-91. As I looked at that chart again tonight I had a tough time picking out the difference between 12-15. Hopefully LGND's chart will look the same 8 years from now. I hope that all LGND longs are rewarded for their patience as you approach '99! Thanks again Henry and good investing to all. --A lurking Ligander PS. Torben, what a great move on your 5 1/2 LGNDWs!