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

To: Andreas Helke who wrote (19863)	4/30/1998 6:26:00 PM
From: Machaon	Read Replies (2) \| Respond to of 32384

<< But I think it is extremely unlikely that it will be dead money for the next two years. >> Only about 130 posts until Walter's "$20 by 20,000" prediction. It sure would be a dirty shame if we hit $20 at the 20,001 post, which would make Walter wrong! <g> Looking at the 100 week chart of LGND, it sure looks like it is establishing a base, just above $14, on slightly higher volume, when compared historically. With 4 NDA's planned during 1998-1999, and 32 products in the pipeline, plus off-label possibilities, LGND sure has long term growth potential, unlike various 1-2 drug biotechs. Just sitting here, waiting for takeoff! Regards, Bob