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


To: Wallace Rivers who wrote (24615)8/17/1998 11:30:00 AM
From: bob zagorin  Read Replies (5) | Respond to of 32384
 
my bull case for lgnd here would go something like this.

reasons to buy now.
1. excellent science
2. broad pipeline moving forward
3. strong partnerships
4. good coverage on street
5. profits wiithin year
6. price decline more to do with sector than stock.

caveats.
1. overall market conditions
2. AGN stock overhang
3. dilution

i guess i think a stock like lgnd is more insulated from asia and russia than just about anything else but so far ws hasn't recognized this. i also think the AGN is clsoe to done (not sure).

Sometime soon i think ws will start to change the way it values LGND, from a research biotech to an emerging pharmaceutical. we'll see.