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


To: celeryroot.com who wrote (20720)5/13/1998 9:44:00 PM
From: Machaon  Read Replies (1) | Respond to of 32384
 
<< I guess they're saying that 32k revenue was magical, it produced .73 revenue....spectacular >) >>

Agree. I don't trust a lot of analyst recs, especially if they make a market in the stock. There is too much manipulation going on.

But, what's with H&Q? Why were they way out in left field? Could they have just been a little sloppy with their evaluation of LGND's 1999 revenue and earnings, or was there some other reason for their inflated estimates? And, what does that say about their other predictions?

Regards, Bob