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

To: Exacctnt who wrote (26876)	12/12/1998 8:01:00 AM
From: Skeeter Bug	Respond to of 32384

bob, maybe that's it. i'll postpone the hate mail. ;-)

To: Exacctnt who wrote (26876)	12/12/1998 9:26:00 AM
From: Henry Niman	Read Replies (2) \| Respond to of 32384

bob, I believe that the offer expires at the end of the year, so i really don't expect any takers if it as it appears.

To: Exacctnt who wrote (26876)	12/12/1998 9:31:00 PM
From: LLCF	Respond to of 32384

<Skeeter, When I received the below market offer for MMG, the broker (Schwab) warned that it was a below market offer.> I know there are real "sharpies" out there that solicite illiquid unit holders to basically let them know where they can get out... ie. real estate unit trusts that go down the drain, probably natural gas as well. But I've never heard of such a thing when there is already a liquid market for the unit! Is it even legal for anyone to tender their units to them at that price???? I can't believe it is! There would be sharpies all over the place calling old widows and orphans bidding for their NYSE stocks below market! DAK