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

To: Biomaven who wrote (27208)	1/5/1999 3:26:00 PM
From: Machaon	Read Replies (1) \| Respond to of 32384

Peter Suzman, Robert Neumeyer, Tommy D. Thanks for the explanation about funding and it's relationship to the balance sheet and cash flow, and not the income statement. I thought that funding did impact the income statement, but I guess it only impacts it if it is in royalties, or the exceptions outlined by Peter. It's a shame. It would've been a nice income statement, and subsequently, a great earnings report. But, regardless, thanks again for correcting my misunderstanding!