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


To: Arthur Radley who wrote (27183)1/5/1999 10:37:00 AM
From: Henry Niman  Read Replies (3) | Respond to of 32384
 
LGND is reviewed this morning on Online Investor :

iionline.com



To: Arthur Radley who wrote (27183)1/6/1999 6:05:00 PM
From: Henry Niman  Respond to of 32384
 
Individual Investor online report also covered by NewsTraders.com:

January 05, 1999 11:27

Ligand Pharm Is Niche Biotech Nearing Profitability (LGND) - Report

(NewsTraders.com)-- The outlook for Ligand Pharmaceuticals (LGND) is "especially bright" as the company appears close to turning a profit in 1999, according to a report* on Individual Investor Online.

Report Highlights:

- The biotech company is well funded by a "who's who" of corporate partners.

- The company concentrates on using its biotechnology prowess to tackle cancer, metabolic and skin diseases.

- Ligand has two marketable products and three more new drug applications (NDAs) expected for 1999.

- Medical Technology Stock Letter editor Jim McCamant thinks Ligand shares are worth a purchase for under $16, and has set a $30 price target on the stock, which is significantly above a recent price of
$11.63.