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


To: Henry Niman who wrote (15431)2/20/1998 12:43:00 AM
From: Machaon  Respond to of 32384
 
<< LGND is starting to beat them over the head with news >>

I just did a 30 month chart on LGND. The pickup in volume over the last 6 months is noticeable. I don't really know how to give a current value to biotechs, but, as you imply, each time news is issued and progress is made, it has got to add to the value, to the market, of LGND.

When Lehman gives a target of $24 for LGND, is that a 12 months target? It doesn't say.

Regards, Bob



To: Henry Niman who wrote (15431)2/20/1998 2:21:00 PM
From: bob smith  Read Replies (4) | Respond to of 32384
 
>>I would not be surprised to see LGND break 15 tomorrow,

Well, It doesn't look like this is gonna happen, does it..?