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

To: Henry Niman who wrote (24530)	8/15/1998 10:45:00 AM
From: Jongmans	Read Replies (1) \| Respond to of 32384

This thread is becoming a "jungle" and the effect is negative for biotech-investment in general. It is better to stop it, then continue in this way. There will be no winners! Martin

To: Henry Niman who wrote (24530)	8/17/1998 3:10:00 PM
From: Joe S Pack	Respond to of 32384

Karun, I was skimming the article and saw the statement on additional financing (and the issue has been >>> I think that you have been reading too much of our famous naysayer (and virtual partners in crime). <<< Henry, Let me put it straight. Since I read too much into your postings I lost money where as input from others helped me to be more objective and may help making money. Investing and science are not the same and being paranoid won't help to be a good investor. Here are my observation based on my experience in this thread and LGND investing for the past 21 months. 1) Mr. Robinson and company lies once in a while. 2) LGND IR department follows its leader to give rosey picture often. (Since you are one of the original founder of LGND's parent company and your entire fortune may be tied to its success you don't want to admit any negative observation or news on this company. I don't blame on you. If my life is tied to a company I will do the same thing. But I am investor and I have to be unemotional. Whenever you call IR you get input that look positive. May be they are using you as a conduit to spread good hope on the company while they constantly dilute the shareholders value at the expense investors.) 3) You action for the last few weeks, tracking down people who voice negative points about LGND, make me believe you are getting paranoid due to recent price movement which is completely opposite to your prediction and hope. -Karun