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


To: Hippieslayer who wrote (15223)2/18/1998 7:09:00 PM
From: HerbertOtto  Respond to of 32384
 
LGND's choice of Panretin for KS will help them get their first drug approval quickly, and put them among the small group of biotechs that can get the whole job done for investors. The credibility that generates should help finance the next drug development.

When Wall St. starts to believe in LGND, and starts to discount the future drug stream, LGND will - like all other successful stocks - sell at a dizzying price. Many never justify those prices... but some do.

Herbert