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


To: WTDEC who wrote (21373)5/26/1998 10:08:00 AM
From: John O'Neill  Read Replies (2) | Respond to of 32384
 
WTDEC.....I did buy 15K SRGN today at 0.53 to follow this action. I gather that I loose 0.03 if ONTAX isn't approved within two year and the conversion only gives me 50 c in LGND stock.
I assume this is tax free exchange when I get the lgnd stock at closing. I guess there will be some kind or right floating around after the SRGN stock is gone and wee are waiting to see if Ontak is approved.

JO