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


To: Torben Noerup Nielsen who wrote (19752)4/28/1998 6:46:00 PM
From: WTDEC  Read Replies (2) | Respond to of 32384
 
"I'm wondering what the effect of the NDA is going to be on the stock. I do not believe the market has fully accounted for it yet; it is a first NDA and there is always some credibility issues lingering. So I am pretty sure we will get a pop"

Torben, I basically agree. I do think the size of the pop will be inversely related to how soon it happens. LGND has a bit of a bad rap for not meeting self-established time targets (leptin deal, 1st Qtr NDA target), so I feel an early filing will be greeted more enthusiastically than a late one.

Regards,

Walter