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Biotech / Medical : Incyte (INCY)
INCY 105.24-0.4%Nov 6 3:59 PM EST

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To: Lighthouse who wrote (1349)2/16/2000 3:59:00 PM
From: Steven Rachbach  Read Replies (1) of 3202
 
<<Can someone walk me through the valuation morass?>>

Not really, Lighthouse; it's more like pulling it out of my ass. All of the genomic leaders have sky high stock prices.. Whose genes will become blockbuster drugs? Who knows? You are just betting on a story right now -- that INCY, CRA, HGSI, etc. are the drug companies of the future.
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