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

To: Henry Niman who wrote (17101)	3/10/1998 5:07:00 PM
From: Abuckatatime	Respond to of 32384

Re:<Since the site was set up, a little over a month ago, LGND has gained 5 points or about 45%>. Coincidence or causal connection?!?!

To: Henry Niman who wrote (17101)	3/10/1998 5:22:00 PM
From: WTDEC	Respond to of 32384

Henry, here are today's stats: Symbol.....LastTrade.......Chang ^SPX.......1064.25......+11.94...+1.13% ^IXIC.......1748.51......+23.35...+1.35% ^BTK.......168.59.........+3.42....+2.07% ^IXB........322.32.........+2.20....+0.69% LGND.....15 15/16......+1/8......+0.79% The AMEX bt index out-performed while the NASDQ bt under-performed. LGND edged out NASDQ bts but was behind the AMEX index, where I believe a few larger companies dominate the index. Regards, Walter

To: Henry Niman who wrote (17101)	3/10/1998 5:32:00 PM
From: Hippieslayer	Read Replies (1) \| Respond to of 32384

Henry, 5000 hits happened to come from me directly. I've actually employed two current welfare mothers to hit your site around the clock. They are now making good money and aren't clogging up the welfare system. Maybe I can be one of Clinton's points of light at his next State of the Union speech, that is if he's still president. Thank you for this gem of a post. Makes me want to go out and buy more lgnd.

To: Henry Niman who wrote (17101)	3/10/1998 5:43:00 PM
From: B.D.	Read Replies (3) \| Respond to of 32384

Henry Niman wrote: "Today's close (15 15/16) was the highest since 10/23/97 and home.att.net just passed the 15,000th hit mark. Last week, home.att.net passed the 10,000 hit mark. Viewers (over 25,000 hits) must like what they see. Since the site was set up, a little over a month ago, LGND has gained over 5 points or about 45%." Henry, with all due respect, I think this is going a little bit overboard. Folks should bear in mind that for each of Henry's web pages, each "viewer" equals, at my count, 3 "hits": one for the page itself, and two for each of the graphic images at the bottom of the page. So, 10,000 hits means approximately 3,333 "views". Figure 5-10% are probably Henry himself, and you're left with about 3000 views. Likewise, 15,000 hits means approximately 5,000 page views. Here's hoping that Henry isn't implying that there is a correlation between the rise in LGND stock price and the appearance of his web pages. I would heavily doubt any such correlation. I appreciate all the work Henry does to organize and collect information for people interested in Ligand stock, believe me. It's just that sometimes I think Henry gets a wee little bit over-enthustiastic. :-)

To: Henry Niman who wrote (17101)	3/10/1998 5:57:00 PM
From: bluejeans	Respond to of 32384

Hello Henry, Thank you for setting up the Ligand (unofficial) web site. I have been using it and have sent a few non shareholders to do research. It is a very convenient site to gain additional knowledge about Ligand. Bob

To: Henry Niman who wrote (17101)	3/10/1998 7:31:00 PM
From: Machaon	Read Replies (1) \| Respond to of 32384

<< Since the site was set up, a little over a month ago, LGND has gained over 5 points or about 45%. >> The question is: Could a web site, which contains extremely informative and detailed information about an actively traded stock, cause any interest in that stock, either from buyers or sellers? Probably not! Not if there's no one paying attention to it. Hmmmm!? But! Wait a minute. I think that you said that your LGND web site had 25,000 hits! No, Henry, I have to agree with some others. That kind of interest in a stock usually has nothing to do with the buying or selling of the stock. Investors only go there to look at all the pretty colors. <VBG> Come to think of it, the 17,000 posts here probably don't include any investors who have purchased LGND because of the interested invoked by your information and analysis, especially the two posters that are challenged from the neck up. Sorry about this, Henry. I think that LGND is going to have to get up to $30 a share, and your web site up to over 50,000 hits, in order for anyone to see a connection. We can't attribute all of LGND's movement to Internet based information, but it certainly has a significant impact, IMHO. I do have one complaint! I wanted to learn more about G-CSF and GM-CSF, since you indicated that these might lead to significant product development by LGND. I looked it up on your website (hits now up to 25,001). This is what I was unmercifully subjected to: <================================================================= G-CSF and GM-CSF are sometimes confused because of similarities in their scientific names. "Granulocyte CSF" is actually a misnomer, because G-CSF influences the proliferation and differentiation of neutrophil precursors only and has little to no effect on the other granulocytes, which include basophils and eosinophils. GM-CSF is more appropriately named, in that it influences the proliferation and maturation of all granulocytes, and monocytes as well. GM-CSF supports the in vitro growth of pluripotent stem cells and nongranulocyte myeloid progenitor cells. Both growth factors function by binding to specific receptors on hematopoietic progenitor cells and mature blood cells. ====================================================================> By the way, this paragraph blew the SI spelling checker out of the water! Do you really understand this jargon? Regards, Bob