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


To: bluejeans who wrote (20813)5/14/1998 8:42:00 PM
From: Machaon  Respond to of 32384
 
<< where are those milestone payments. pushed out to 2000, gone forever ? >>

Personally, I haven't paid too much attention to near-term earnings projections. To me, the main things that count, at this time, are NDA's and clinical tests.

Even this upcoming earnings report, to me, is almost a non-event. The analysts probably have known what it's going to look like for quite a while, since it is not based on any product revenues. What I am waiting for, is what Robinson has to say in the press release.

The name of the game is NDA's and clinicals. Of course, milestone payments fuel LGND's boilers, but H&Q's original estimates were just way out of line, IMHO.

Good luck, Bob