    <SEC-DOCUMENT>0000886163-14-000112-index.html : 20141118
    <SEC-HEADER>0000886163-14-000112.hdr.sgml : 20141118
    <ACCEPTANCE-DATETIME>20141118100055
    ACCESSION NUMBER:		0000886163-14-000112
    CONFORMED SUBMISSION TYPE:	8-K
    PUBLIC DOCUMENT COUNT:		94
    CONFORMED PERIOD OF REPORT:	20141118
    ITEM INFORMATION:		Regulation FD Disclosure
    ITEM INFORMATION:		Financial Statements and Exhibits
    FILED AS OF DATE:		20141118
    DATE AS OF CHANGE:		20141118

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			LIGAND PHARMACEUTICALS INC
    		CENTRAL INDEX KEY:			0000886163
    		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
    		IRS NUMBER:				770160744
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		8-K
    		SEC ACT:		1934 Act
    		SEC FILE NUMBER:	001-33093
    		FILM NUMBER:		141230668

    	BUSINESS ADDRESS:
    		STREET 1:		11119 NORTH TORREY PINES ROAD
    		STREET 2:		SUITE 200
    		CITY:			LA JOLLA
    		STATE:			CA
    		ZIP:			92037
    		BUSINESS PHONE:		858-550-7500

    	MAIL ADDRESS:
    		STREET 1:		11119 NORTH TORREY PINES ROAD
    		STREET 2:		SUITE 200
    		CITY:			LA JOLLA
    		STATE:			CA
    		ZIP:			92037
    </SEC-HEADER>
    <DOCUMENT>
    <TYPE>8-K
    <SEQUENCE>1
    <FILENAME>lgnd-form8xknovember182014.htm
    <DESCRIPTION>8-K
    <TEXT>
    Document 1 - file: lgnd-form8xknovember182014.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>EX-99.1
    <SEQUENCE>2
    <FILENAME>finalanalystdaynov182014.htm
    <DESCRIPTION>ANALYST DAY SLIDE PRESENTATION
    <TEXT>
    Document 2 - file: finalanalystdaynov182014.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>3
    <FILENAME>finalanalystdaynov182014001.jpg
    <TEXT>
    Document 3 - file: finalanalystdaynov182014001.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>4
    <FILENAME>finalanalystdaynov182014002.jpg
    <TEXT>
    Document 4 - file: finalanalystdaynov182014002.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>5
    <FILENAME>finalanalystdaynov182014003.jpg
    <TEXT>
    Document 5 - file: finalanalystdaynov182014003.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>6
    <FILENAME>finalanalystdaynov182014004.jpg
    <TEXT>
    Document 6 - file: finalanalystdaynov182014004.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>7
    <FILENAME>finalanalystdaynov182014005.jpg
    <TEXT>
    Document 7 - file: finalanalystdaynov182014005.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>8
    <FILENAME>finalanalystdaynov182014006.jpg
    <TEXT>
    Document 8 - file: finalanalystdaynov182014006.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>9
    <FILENAME>finalanalystdaynov182014007.jpg
    <TEXT>
    Document 9 - file: finalanalystdaynov182014007.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>10
    <FILENAME>finalanalystdaynov182014008.jpg
    <TEXT>
    Document 10 - file: finalanalystdaynov182014008.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>11
    <FILENAME>finalanalystdaynov182014009.jpg
    <TEXT>
    Document 11 - file: finalanalystdaynov182014009.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>12
    <FILENAME>finalanalystdaynov182014010.jpg
    <TEXT>
    Document 12 - file: finalanalystdaynov182014010.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>13
    <FILENAME>finalanalystdaynov182014011.jpg
    <TEXT>
    Document 13 - file: finalanalystdaynov182014011.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>14
    <FILENAME>finalanalystdaynov182014012.jpg
    <TEXT>
    Document 14 - file: finalanalystdaynov182014012.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>15
    <FILENAME>finalanalystdaynov182014013.jpg
    <TEXT>
    Document 15 - file: finalanalystdaynov182014013.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>16
    <FILENAME>finalanalystdaynov182014014.jpg
    <TEXT>
    Document 16 - file: finalanalystdaynov182014014.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>17
    <FILENAME>finalanalystdaynov182014015.jpg
    <TEXT>
    Document 17 - file: finalanalystdaynov182014015.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>18
    <FILENAME>finalanalystdaynov182014016.jpg
    <TEXT>
    Document 18 - file: finalanalystdaynov182014016.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>19
    <FILENAME>finalanalystdaynov182014017.jpg
    <TEXT>
    Document 19 - file: finalanalystdaynov182014017.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>20
    <FILENAME>finalanalystdaynov182014018.jpg
    <TEXT>
    Document 20 - file: finalanalystdaynov182014018.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>21
    <FILENAME>finalanalystdaynov182014019.jpg
    <TEXT>
    Document 21 - file: finalanalystdaynov182014019.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>22
    <FILENAME>finalanalystdaynov182014020.jpg
    <TEXT>
    Document 22 - file: finalanalystdaynov182014020.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>23
    <FILENAME>finalanalystdaynov182014021.jpg
    <TEXT>
    Document 23 - file: finalanalystdaynov182014021.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>24
    <FILENAME>finalanalystdaynov182014022.jpg
    <TEXT>
    Document 24 - file: finalanalystdaynov182014022.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>25
    <FILENAME>finalanalystdaynov182014023.jpg
    <TEXT>
    Document 25 - file: finalanalystdaynov182014023.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>26
    <FILENAME>finalanalystdaynov182014024.jpg
    <TEXT>
    Document 26 - file: finalanalystdaynov182014024.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>27
    <FILENAME>finalanalystdaynov182014025.jpg
    <TEXT>
    Document 27 - file: finalanalystdaynov182014025.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>28
    <FILENAME>finalanalystdaynov182014026.jpg
    <TEXT>
    Document 28 - file: finalanalystdaynov182014026.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>29
    <FILENAME>finalanalystdaynov182014027.jpg
    <TEXT>
    Document 29 - file: finalanalystdaynov182014027.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>30
    <FILENAME>finalanalystdaynov182014028.jpg
    <TEXT>
    Document 30 - file: finalanalystdaynov182014028.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>31
    <FILENAME>finalanalystdaynov182014029.jpg
    <TEXT>
    Document 31 - file: finalanalystdaynov182014029.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>32
    <FILENAME>finalanalystdaynov182014030.jpg
    <TEXT>
    Document 32 - file: finalanalystdaynov182014030.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>33
    <FILENAME>finalanalystdaynov182014031.jpg
    <TEXT>
    Document 33 - file: finalanalystdaynov182014031.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>34
    <FILENAME>finalanalystdaynov182014032.jpg
    <TEXT>
    Document 34 - file: finalanalystdaynov182014032.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>35
    <FILENAME>finalanalystdaynov182014033.jpg
    <TEXT>
    Document 35 - file: finalanalystdaynov182014033.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>36
    <FILENAME>finalanalystdaynov182014034.jpg
    <TEXT>
    Document 36 - file: finalanalystdaynov182014034.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>37
    <FILENAME>finalanalystdaynov182014035.jpg
    <TEXT>
    Document 37 - file: finalanalystdaynov182014035.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>38
    <FILENAME>finalanalystdaynov182014036.jpg
    <TEXT>
    Document 38 - file: finalanalystdaynov182014036.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>39
    <FILENAME>finalanalystdaynov182014037.jpg
    <TEXT>
    Document 39 - file: finalanalystdaynov182014037.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>40
    <FILENAME>finalanalystdaynov182014038.jpg
    <TEXT>
    Document 40 - file: finalanalystdaynov182014038.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>41
    <FILENAME>finalanalystdaynov182014039.jpg
    <TEXT>
    Document 41 - file: finalanalystdaynov182014039.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>42
    <FILENAME>finalanalystdaynov182014040.jpg
    <TEXT>
    Document 42 - file: finalanalystdaynov182014040.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>43
    <FILENAME>finalanalystdaynov182014041.jpg
    <TEXT>
    Document 43 - file: finalanalystdaynov182014041.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>44
    <FILENAME>finalanalystdaynov182014042.jpg
    <TEXT>
    Document 44 - file: finalanalystdaynov182014042.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>45
    <FILENAME>finalanalystdaynov182014043.jpg
    <TEXT>
    Document 45 - file: finalanalystdaynov182014043.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>46
    <FILENAME>finalanalystdaynov182014044.jpg
    <TEXT>
    Document 46 - file: finalanalystdaynov182014044.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>47
    <FILENAME>finalanalystdaynov182014045.jpg
    <TEXT>
    Document 47 - file: finalanalystdaynov182014045.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>48
    <FILENAME>finalanalystdaynov182014046.jpg
    <TEXT>
    Document 48 - file: finalanalystdaynov182014046.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>49
    <FILENAME>finalanalystdaynov182014047.jpg
    <TEXT>
    Document 49 - file: finalanalystdaynov182014047.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>50
    <FILENAME>finalanalystdaynov182014048.jpg
    <TEXT>
    Document 50 - file: finalanalystdaynov182014048.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>51
    <FILENAME>finalanalystdaynov182014049.jpg
    <TEXT>
    Document 51 - file: finalanalystdaynov182014049.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>52
    <FILENAME>finalanalystdaynov182014050.jpg
    <TEXT>
    Document 52 - file: finalanalystdaynov182014050.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>53
    <FILENAME>finalanalystdaynov182014051.jpg
    <TEXT>
    Document 53 - file: finalanalystdaynov182014051.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>54
    <FILENAME>finalanalystdaynov182014052.jpg
    <TEXT>
    Document 54 - file: finalanalystdaynov182014052.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>55
    <FILENAME>finalanalystdaynov182014053.jpg
    <TEXT>
    Document 55 - file: finalanalystdaynov182014053.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>56
    <FILENAME>finalanalystdaynov182014054.jpg
    <TEXT>
    Document 56 - file: finalanalystdaynov182014054.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>57
    <FILENAME>finalanalystdaynov182014055.jpg
    <TEXT>
    Document 57 - file: finalanalystdaynov182014055.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>58
    <FILENAME>finalanalystdaynov182014056.jpg
    <TEXT>
    Document 58 - file: finalanalystdaynov182014056.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>59
    <FILENAME>finalanalystdaynov182014057.jpg
    <TEXT>
    Document 59 - file: finalanalystdaynov182014057.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>60
    <FILENAME>finalanalystdaynov182014058.jpg
    <TEXT>
    Document 60 - file: finalanalystdaynov182014058.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>61
    <FILENAME>finalanalystdaynov182014059.jpg
    <TEXT>
    Document 61 - file: finalanalystdaynov182014059.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>62
    <FILENAME>finalanalystdaynov182014060.jpg
    <TEXT>
    Document 62 - file: finalanalystdaynov182014060.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>63
    <FILENAME>finalanalystdaynov182014061.jpg
    <TEXT>
    Document 63 - file: finalanalystdaynov182014061.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>64
    <FILENAME>finalanalystdaynov182014062.jpg
    <TEXT>
    Document 64 - file: finalanalystdaynov182014062.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>65
    <FILENAME>finalanalystdaynov182014063.jpg
    <TEXT>
    Document 65 - file: finalanalystdaynov182014063.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>66
    <FILENAME>finalanalystdaynov182014064.jpg
    <TEXT>
    Document 66 - file: finalanalystdaynov182014064.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>67
    <FILENAME>finalanalystdaynov182014065.jpg
    <TEXT>
    Document 67 - file: finalanalystdaynov182014065.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>68
    <FILENAME>finalanalystdaynov182014066.jpg
    <TEXT>
    Document 68 - file: finalanalystdaynov182014066.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>69
    <FILENAME>finalanalystdaynov182014067.jpg
    <TEXT>
    Document 69 - file: finalanalystdaynov182014067.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>70
    <FILENAME>finalanalystdaynov182014068.jpg
    <TEXT>
    Document 70 - file: finalanalystdaynov182014068.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>71
    <FILENAME>finalanalystdaynov182014069.jpg
    <TEXT>
    Document 71 - file: finalanalystdaynov182014069.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>72
    <FILENAME>finalanalystdaynov182014070.jpg
    <TEXT>
    Document 72 - file: finalanalystdaynov182014070.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>73
    <FILENAME>finalanalystdaynov182014071.jpg
    <TEXT>
    Document 73 - file: finalanalystdaynov182014071.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>74
    <FILENAME>finalanalystdaynov182014072.jpg
    <TEXT>
    Document 74 - file: finalanalystdaynov182014072.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>75
    <FILENAME>finalanalystdaynov182014073.jpg
    <TEXT>
    Document 75 - file: finalanalystdaynov182014073.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>76
    <FILENAME>finalanalystdaynov182014074.jpg
    <TEXT>
    Document 76 - file: finalanalystdaynov182014074.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>77
    <FILENAME>finalanalystdaynov182014075.jpg
    <TEXT>
    Document 77 - file: finalanalystdaynov182014075.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>78
    <FILENAME>finalanalystdaynov182014076.jpg
    <TEXT>
    Document 78 - file: finalanalystdaynov182014076.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>79
    <FILENAME>finalanalystdaynov182014077.jpg
    <TEXT>
    Document 79 - file: finalanalystdaynov182014077.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>80
    <FILENAME>finalanalystdaynov182014078.jpg
    <TEXT>
    Document 80 - file: finalanalystdaynov182014078.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>81
    <FILENAME>finalanalystdaynov182014079.jpg
    <TEXT>
    Document 81 - file: finalanalystdaynov182014079.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>82
    <FILENAME>finalanalystdaynov182014080.jpg
    <TEXT>
    Document 82 - file: finalanalystdaynov182014080.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>83
    <FILENAME>finalanalystdaynov182014081.jpg
    <TEXT>
    Document 83 - file: finalanalystdaynov182014081.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>84
    <FILENAME>finalanalystdaynov182014082.jpg
    <TEXT>
    Document 84 - file: finalanalystdaynov182014082.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>85
    <FILENAME>finalanalystdaynov182014083.jpg
    <TEXT>
    Document 85 - file: finalanalystdaynov182014083.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>86
    <FILENAME>finalanalystdaynov182014084.jpg
    <TEXT>
    Document 86 - file: finalanalystdaynov182014084.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>87
    <FILENAME>finalanalystdaynov182014085.jpg
    <TEXT>
    Document 87 - file: finalanalystdaynov182014085.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>88
    <FILENAME>finalanalystdaynov182014086.jpg
    <TEXT>
    Document 88 - file: finalanalystdaynov182014086.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>89
    <FILENAME>finalanalystdaynov182014087.jpg
    <TEXT>
    Document 89 - file: finalanalystdaynov182014087.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>90
    <FILENAME>finalanalystdaynov182014088.jpg
    <TEXT>
    Document 90 - file: finalanalystdaynov182014088.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>91
    <FILENAME>finalanalystdaynov182014089.jpg
    <TEXT>
    Document 91 - file: finalanalystdaynov182014089.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>92
    <FILENAME>finalanalystdaynov182014090.jpg
    <TEXT>
    Document 92 - file: finalanalystdaynov182014090.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>93
    <FILENAME>finalanalystdaynov182014091.jpg
    <TEXT>
    Document 93 - file: finalanalystdaynov182014091.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>94
    <FILENAME>finalanalystdaynov182014092.jpg
    <TEXT>
    Document 94 - file: finalanalystdaynov182014092.jpg

    </DOCUMENT>
    </SEC-DOCUMENT>