Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Henry Niman who wrote (25726)	9/24/1998 12:24:00 PM
From: aknahow	Respond to of 32384

Henry, thanks. Your site is a great resource. Seems clear there will be more mergers. Since larger pharmas already sell at prices reflecting, at least in part, some merger premium, it seems logical that biotechs will get more interest. BTW on interest rates a small St Louis bank, Southwest Bank cut its' prime rate to 8% from 8.5%. This is not a money center bank but for the last 10 to 15 years it has gained wire service and local publicity by being the first bank to cut its rate. I think it has probably been the first about 90% of the times the prime was cut. In addition I can think of only one time they cut their prime when they were wrong and the national prime rate remained at the prior level. Why is this comment on the LGND board? There is/was a reason but I don't remember. If you define is for me, I might remember.