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

To: Henry Niman who wrote (16744)	3/7/1998 7:45:00 PM
From: WTDEC	Read Replies (1) \| Respond to of 32384

Henry, last week several of us felt the sell off of chip and pc maker stocks could result in a more attention to biotechs, which had been lagging the broad markets in terms of stock price performance. Well, thanks to some pointers from the good folks on the VD thread, I was able to pull together evidence on what seems to be happening. Here is data which I believe is reasonably correct: PERFORMANCE PERIOD INDEX / Last 3 months / From Jan. Low / From 2/27/98 S&P 500 / +7.18% / +14.13% / +0.54% NASDAQ / +6.24 / +16.87 / -1.24 NASD BT / +0.36 / +9.70 / +1.02 AMEX BT / -2.48 / +6.45 / +2.80 You can see there was biotech under-performance until last week when both biotech indexes beat both the S&P and NASDQ Composite. Have a good evening. wtd PS: Speaking of performance, what is happening on the soccer front, Henry?

To: Henry Niman who wrote (16744)	3/8/1998 2:17:00 AM
From: Torben Noerup Nielsen	Read Replies (1) \| Respond to of 32384

Henry, >Torben, As I said before some posters are clueless about LGND's >science. The current Science article is about APL. Several other >related articles were uploaded last week. These deal with RAR and >are in the IR category. I have been meaning to go read that one and also to dig out the full text for a number of the abstracts that have been posted. But I am way behind :-( While a lot of us are not specialists in this area, I don't think most of us are completely clueless regarding the science. It's just that this is fairly heavy slugging when it is a ''secondary discipline" of sorts. Thanks, Torben