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

To: Henry Niman who wrote (23915)	8/4/1998 7:14:00 PM
From: Wallace Rivers	Read Replies (1) \| Respond to of 32384

Thanks for the reassurance Henry...I bought LGND at 14 3/16 well less than a year ago. So I'm only down about 28%! But, at least I'm not one of the weak hands.

To: Henry Niman who wrote (23915)	8/4/1998 7:16:00 PM
From: Hippieslayer	Read Replies (3) \| Respond to of 32384

Henry, I think this is just a preview of what I believe to be a much bigger correction that will happen in the next few months. I personally don't like the weak hands theory. People and fund managers sell for different reasons. In fact, it's probably more appropriate for fund managers to sell than the small guy. The small guy, if he's done his homework, knows that lgnd is a "LONG" term hold. Fund managers are in and out of stocks as quickly as Monica was in an out of the WH. When do you suspect ligand to start to make its move?