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


To: bob zagorin who wrote (20396)5/11/1998 10:08:00 AM
From: Henry Niman  Respond to of 32384
 
bob, H&Q projects revenue to more than double to $131.5 million next year, which would create a market cap of just over $1 Billion (using 8 X revenue), which would just about double LGND's price (to just under $30). Of course longer term LGND's sales are expected to grow to $500 million to $1 Billion which would put LGND's share price well into triple digits.