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

To: CYBERKEN who wrote (16068)	2/28/1998 2:13:00 PM
From: tonyt	Respond to of 32384

> How or whether he actually invests in Ligand is unknown. That question has already been answered -- either pay attention, or refrain from posting misinformation.

To: CYBERKEN who wrote (16068)	2/28/1998 2:31:00 PM
From: CYBERKEN	Respond to of 32384

Just speculation: I think that if Ligand had found a Lilly drug that they thought was worthwhile to take on, they would have hurried to lock it up and publicly announce it. Seems like they found a choice of "maybe"'s and "no way"'s. In that case the extra $$ and royalty % would look very good, but not be as newsworthy. They will probably announce that as their choice Monday AM, and I doubt it will do anything to the stock price-though longer term it probably increases the value of the company.