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


To: tuck who wrote (17612)3/18/1998 12:36:00 PM
From: Russian Bear  Respond to of 32384
 
Tuck,

I think it is a pretty safe bet that the PR refers to new stock, not stock bought on the open market. That said, the dilution involved is negligible. LGND has on the order of 50 million shares outstanding, on a fully diluted basis. What is another 500,000, more or less? Developing another research program is far more important, IMO.

RB