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


To: Andreas Helke who wrote (20320)5/9/1998 9:18:00 PM
From: Mudcat  Read Replies (1) | Respond to of 32384
 
I tend to agree and think we should hopefully see 18 by mid to end of June. This is assuming NDA is filed, earnings come out less negative than the street is predicting, and Lgnd can generate some good press from the conferences they are presenting at (based on Lgnd's track record this prediction is not a "slam dunk"). I also think if the NDA is not filed by the stockholders meeting we could be headed down to the high 12 area again. I personally think Lgnd will announce the NDA filing at or just prior to the stockholders meeting on 21 May. All the above is my opinion and I know some yea-sayers on the thread have problems with opinions when they don't agree with them.



To: Andreas Helke who wrote (20320)5/10/1998 11:09:00 AM
From: tonyt  Respond to of 32384
 
Based on the hype we've seen on this thread, we should have seen $20
12-18 months ago. But, I'm sure this time will be different ;-)



To: Andreas Helke who wrote (20320)5/10/1998 11:14:00 AM
From: tonyt  Read Replies (1) | Respond to of 32384
 
>I consider $20 in 18 months a pretty decent return on my capital.
>This is a move of 40% and will probably beat the S&P500

Interesting comment. Had you put your capital in the S&P instead of LGND 18 months ago you would have earned 40% instead of 0%. Looks like LGND will have to do much better than $20 to beat the S&P if the starting point is when this thread started.