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

To: Flagrante Delictu who wrote (15884)	2/25/1998 4:28:00 PM
From: Peter Silsbee	Respond to of 32384

Now we're talking. While I have no idea if LGND management pays attention to Mr. Murphy, I'm quite sure that they know more about CYTL than I do. If I didn't believe that, I'd be out of here. Nonetheless, the statistics on Yahoo don't make this look like a great prize, IMO. (Disclaimer: I'm pretty amateur at all this stuff, and I'm not making an argument so much as looking for information). They have about a year's worth of cash, a big chunk of which came from a private placement in the fall, and apparently lost some revenue due to termination of a collaboration with Sumitomo (I can't tell why it ended). On the plus side (??), it made December's "Facts Online" list of "Hot Technology Companies"! Whew, I feel better. OK, before I add any more to this already way-too-cluttered thread, I guess I'll go read up at Subject 1706 PLS