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

To: bob smith who wrote (17545)	3/17/1998 4:11:00 PM
From: tonyt	Read Replies (1) \| Respond to of 32384

Somehow, I'm not suprised. Must be those damn call options :-)

To: bob smith who wrote (17545)	3/17/1998 7:49:00 PM
From: John O'Neill	Read Replies (2) \| Respond to of 32384

Well I sold 2/3 of my LGND holdings at 15 9/16 today. It remains my favorite biotech, but looks to me like it needs to test the $13 1/2 area. If it does test that, I'll be back big time. I think that test would put LGND on stronger ground for strong breakout of $18. I didn't sell it all..ya never know..I also sold MLNM position (100%) today, so no discrimination against LGND JO...I'll have to check back in a couples of weeks to see if this was good call.