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

To: shasta23 who wrote (17974)	3/27/1998 6:45:00 AM
From: Andreas Helke	Read Replies (3) \| Respond to of 32384

I just bought 10% more Ligand shares on the german stock exchange in Frankfurt. I paid 28.50 DM (the equivalent of $15 5/8). This was exactly my limit price. I wonder if I got the limit just right or if someone was happy to sell me the shares with some markup. The only information I had was that Ligand shares had traded at 28 DM about one hour earlier. On the german market we still fly pretty much blind if we want to buy foreign small caps. I am happy enough that I even got price information from the same day. I think there are just a hand full of trades a day. My trade showed up as the next action one hour and 20 minutes after the previous trade. It took about 20 minutes to enter the trade including several restarts of the Netscape browser. The culprit was that I have to use a highly secure java applet that loves to drop the connection. And once the connection has dropped I have to restart the browser to be able to login to Consors again. And even if it works it can take a few minutes to transfer a simple form. If I still had buying power at my Datek account I would have preferred that one. Now I am really curious if I got my shares at a good price or if I paid too much again. I prefer to buy Ligand stock below $12 but I hope that we don't see that price again. Andreas