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

To: RXGOLF who wrote (21097)	5/19/1998 11:40:00 AM
From: Henry Niman	Read Replies (1) \| Respond to of 32384

Greg, I suspect that the misrepresentation includes the identity of the poster. As I mentioned on Yahoo!, it is very easy for one person to post under several names there. It looks like someone could also go through the trouble of changing the name on their worldnet.att.net account so when they posted on usenet the new name would appear. Usenet has been pretty dead when it comes to Biotech posts and even deader when it comes to LGND posts, so new posters really stand out. Just use the metacrawler at the bottom of this page to search newsgroups for LGND. It only goes back a couple of months for the initial search. However, if you click on one of the hits and then do an author profile, the search goes back quite a ways. Hank Hill has only made one post on usenet in the past few months and it was on LGND, but others, including tonyt@worldnet.att.net have made many more posts. tonyt@worldnet.att.net also seems interested in DELL.

To: RXGOLF who wrote (21097)	5/19/1998 11:54:00 AM
From: tonyt	Respond to of 32384

Still don't see how you feel that stating a fact is misrepresentation.

To: RXGOLF who wrote (21097)	5/19/1998 8:26:00 PM
From: tonyt	Respond to of 32384

Speaking of DELL, here's what the WSJ had to say: May 19, 1998 Dell Tops Analysts Estimates As Its Earnings Climb 54% An INTERACTIVE JOURNAL News Roundup Dell Computer Corp. reported Tuesday that its latest earnings climbed 54% as sales rose 51%, making it the only company among the top four personal-computer makers to have made it through the period in relatively decent shape. The results topped analysts' estimates, and revenue was stronger revenue across the board. For the fiscal first quarter ended May 3, the Round Rock, Texas, PC maker reported that net income rose to $305 million, or 44 cents a share, from $198 million, or 27 cents a share. That topped the consensus estimate of analysts surveyed by First Call for net income of 42 cents a share, but fell a bit short of "whisper" numbers circulating in the market. Revenue, meanwhile, rose to $3.92 billion from $2.59 billion in the same period a year ago. In trading on the Nasdaq Stock Market Tuesday, shares of Dell edged up 7.81 cents to $94.5938. The results were released after the close of trading. Dell said it outpaced market growth by three to six times in every geographic region where it has operations. Revenue rose 50% to $2.6 billion in the Americas, climbed 62% to more than $1 billion in Europe, and increased 35% to $269 million in the Asia-Pacific region including Japan. Operating income as a percentage of revenue increased to 10.9% from 10.7% in the year-ago quarter. Dell credited the improvement to prudent management of gross margins and operating expenses, and to a "more robust" product mix. Dell said global sales generated by the Internet currently exceed $5 million a day, which represents a $2 billion annualized run rate. Kevin McCarthy, an analyst at Donaldson Lufkin & Jenrette Securities Corp., had expected Dell to dodge the first-quarter problems faced by rivals Compaq Computer Corp., International Business Machines Corp. and Hewlett-Packard Co. for two reasons. First, Dell builds its machines as they are ordered, not according to forecasts, so the company is able to avoid the inventory buildups that plagued Compaq. Second, Dell's bottom line is less dependent on sales of servers, the high-powered machines that link computer networks. While servers generally carry fatter profit margins, in the first quarter Compaq, IBM and H-P all slashed prices in an effort to gain market share. Dell shareholders got a scare last week when H-P warned second-quarter earnings wouldn't meet expectations and added that it saw tough conditions for much of the rest of the year. Earlier this year, Compaq rocked Wall Street when it disclosed it had built up a huge backlog of PCs and would need to decrease prices to cut that inventory down. PC makers are shipping record numbers of machines but making very little money on the sales, squeezed by tough price competition and battles for market share.