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


To: bluejeans who wrote (19586)4/25/1998 11:35:00 AM
From: John O'Neill  Read Replies (1) | Respond to of 32384
 
Thanks for the info bluejeans...I guess some shorts covered after the 15th or a squeeze is in the works for the future.

ADIC has about 10
mil shares total outstanding, 11% held by Magellan (small cap fund I think) and 11% short. ADIC could be a very attractive takeover target when their pooling of interest restrictions (after spin off from Crane Co.) are lifted in Oct.

JO