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

To: Henry Niman who wrote (15357)	2/20/1998 1:05:00 AM
From: CYBERKEN	Respond to of 32384

Shorting into the recent lows would have made someone a "lottery" profit, and will cause more poor investors to get creamed shorting the next move through 17. I traded swings before the Lilly deal and know whereof I speak. It's over for this range-the company has added FAR too much value. I may trade a little between 30 and 40 within the next 12/18 months. Cheap at 17? Back up the truck. Conservative targets: 30 in 1998; 50 in 1999. "If you must forcast, forcast often." J.P. Morgan