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: Machaon who wrote (27231)	1/6/1999 12:17:00 PM
From: aknahow	Read Replies (1) \| Respond to of 32384

Would think that $30 in one year is possible, but I tend to treat Murphy's targets as some sort of off the chart, over one year, all time high, that might be reached, if everything went right, which it won't, prediction. Are MacCament's targets similar? Don't know. I think Henry know far more about the science than either of these but biotech stock prices depend on more than the science, IMO.

To: Machaon who wrote (27231)	1/6/1999 12:36:00 PM
From: Mudcat	Read Replies (5) \| Respond to of 32384

<Originally, I was wrong about these transactions impacting revenues, as was pointed out to me by a few gentlemen on this thread.> Yes Bob I think I was the first to point out your mistake. <At this time, I am not saying that capital transactions impact earnings. I am only saying that capital transactions impact cash on hand in the quarterly report.> You might also want to point out that although cash increases when Lgnd borrows from ELAN, this borrowing of cash also creates a corresponding liability on the balance sheet. <Jim McCamant, was predicting $30 by 2000.> Niman was predicting $30 by Aug 98. If you believe these analysts your dumber than I ever imagined. I'm sure Niman can pull many previous analysts predictions on Lgnd off his web site and to this day all of them have been wrong. Maybe you can tell me why you think McCamant will be right this time. Also is this the first time McCamant has recommended Lgnd? What is his previous prediction record on Lgnd? Did he predict the record lows for Lgnd in 1998? I also have a question for others on the thread. When Lgnd redeemed the warrants from some investors, where did the shares of Lgnd common stock come from? Was the number of shares outstanding increased or did Lgnd set aside these shares at the time the warrants were issued. Bottom line did we see more dilution in the stock by Lgnd redeeming these shares?

To: Machaon who wrote (27231)	1/6/1999 8:14:00 PM
From: tonyt	Respond to of 32384

> Is that it? When one says "earnings report" does it only refer to the income > statement? If so, I am wrong for using the wrong term. I usually say "earnings Bob, it is not a matter of symantics. This is finance 101. You stated that "Any revenues received in the months of October, November or December, of 1998, would be part of the 1998 4th quarter earnings report. I hope that this explanation helps with your understanding of how things work." This is more than using the 'wrong term', its not understanding basics.