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acgood

02/16/11 9:36 PM

#114950 RE: ilpapa #114945

re: LGND earnings

Was there anything that surprised you to cause you to sell? The Avinza and Promacta royalties can be directly calculated from KG and GSK results, and LGND's cash burn is small and guided for in an accurate fashion. Surprised yesterday was a pivot point for you