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

To: WTDEC who wrote (21578)	5/30/1998 2:27:00 PM
From: Hippieslayer	Read Replies (1) \| Respond to of 32384

No. The jury is still out about how the four, not six as reported, died while on viagra. It was most likely a problem of mixing drugs and not viagra alone. Did you hear that a millionare guy in Ny dumped his common lay--oops i mean law--wife of 12 years due to viagra. The lady claims that after, i think 4 years of him being impotent, he took viagra and they successfully made love. the day after he told her he was leaving her for another woman. I heard in on ABC radio news.

To: WTDEC who wrote (21578)	5/31/1998 4:24:00 PM
From: TomOrt	Read Replies (2) \| Respond to of 32384

A quote from Michael Murphy's "Every Investor's Guide to High Tech Stocks & Mutual Funds". "The mark up from Phase III to functioning pharmaceutical co. with approved products is even larger. These co's have an average market cap. of $3 billion. So investors average a 10-1 return from Phase III to an approved, successful drug. "The two reasons the markup is so large are, first, because there are many investors that will not or, by prospectus, cannot buy development-stage, unprofitable companies. They jump on when the profits start to flow. Second, the pharmaceutical business is extremely profitable and not cyclical........" I would like to see $25.00 this summer, but what I am looking forward to, ( in spite of the day to day disappointments ) is what I expect LGND to be worth in five years. when I turn 59 1/2 and can tap my IRA. Good luck to all, go Ligand; TomOrt