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


To: Tim Cruise who wrote (25387)9/13/1998 1:43:00 PM
From: bob zagorin  Respond to of 32384
 
the warrant is a june 2000 call at 7.125 so the stock price is just about at the money right now and you are paying 2.44 for the 1.5 yr+ time value. considering that LGND should be a pharm with real earnings by then (or else history), i think it's a pretty good way to play the stock right now.