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

To: Zeuspaul who wrote (16077)	2/28/1998 2:58:00 PM
From: tonyt	Respond to of 32384

> Tony, I apologize if I have lead you to believe that I make investment > decisions based solely on this thread Then how can you make the ridiculous statement that "Considering the potential number of readers on the Internet one cannot discount ones ability to cause an effect. An eighth or quarter point stock price move may be motive for someone to try to adjust the thinking of others." Are you so arrogant to think that you are more knowledgeable than other readers on SI? > I also doubt that someone would make an investment decision based > "solely" on this thread. I do believe that it can have an influence. To move a stock? Come on, you really believe that LGND was moved to its 52 week high based on this thread? > There are methods of independent verification. Have you done any? (checking personel web-sites and email addresses is not verification) > There are some who believe that the Iomega stock price was > influenced by Internet discussions. And then there are some who believe the Warren Commission Report :-)

To: Zeuspaul who wrote (16077)	3/1/1998 3:21:00 AM
From: Torben Noerup Nielsen	Read Replies (3) \| Respond to of 32384

>I also doubt that someone would make an investment decision based >"solely" on this thread. I do believe that it can have an influence. The thread has definitely had an influence on my purchases of LGND. I would guess that it has made a difference of at least $100,000. In terms of total LGND shares outstanding, that isn't a whole lot, but it is a substantial portion of my portfolio. I do not read Henry's posts for advice; he is not in the business of giving that. I do go through his arguments and he is very good about backing up what he says by references to the litterature. I read some of that too and I try to put it all together. No offense intended Henry, but I do not pay a lot of attention to your short term price predictions :-) I chalk up a lot of what Henry says about the future price of LGND to ''irrational exuberance" :-) I am quite sure that Henry owns a substantial chunk of LGND in the form of options, warrants or outright stock. I would be very surprised if he didn't stand to benefit by a rise in LGND. But so what? That does not make him a tout and a lot of the recent posts from tonyt seem to imply that he is. To me, touts are people who are paid to hype a stock so that those paying them can sell into strength and that is totally different. Henry obviously believes LGND will rise and he backs up his opinion with an enormous amount of research which I appreciate. Thanks, Torben P.S. I believe Henry is exactly who he says he is. And this is most likely the case for the vast majority of readers on this thread. This whole argument about verification of identity is a bit silly. But maybe we should all get X.509 certificates....