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

To: tonyt who wrote (19302)4/18/1998 10:00:00 AM
From: Dan O.  Respond to of 32384
 
Tony, as you know, all it would take is an institutional holder deciding to reallocate their portfolio to bonds or whatever and dump a large amount of lgnd. Stock goes down. Happens to stocks all the time. Where do buyers come in? 14? I haven't a clue. But as the company moves forward in every aspect, including profitability, the floor will be raised and in a year you might be saying "we will see 20 before we see 30". Predicting the future, no. Taking my best guess and acting on it, definitely.

Dan Ogens



To: tonyt who wrote (19302)4/18/1998 7:07:00 PM
From: John O'Neill  Read Replies (1) | Respond to of 32384
 
>>From: tonyt Saturday, Apr 18 1998 9:45AM ET
Reply # of 19326
>But I still don't think we'll see 14.<<
Ever, or just Monday?

Tony..I expect we may see $14 again in the future. I don't know if it will be on a Monday, but I do assume it will be after a
stock split.

JO


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