Incyte (INCY) Message Board

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Biotech / Medical : Incyte (INCY)

INCY 100.07

-1.0%

Jan 30 9:30 AM EST

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To: nigel bates who wrote (1355)	2/23/2000 2:43:00 PM
From: Lighthouse	Read Replies (1) of 3202

I congratulate the management of INCY fot the sale of 2,000,000 shares at $211/share. What a coup . . . over $600,000,000 in cash in less than one month! The war chest is brimming!!! Investment bankers must be calling them all the time now to do a deal. INCY has market cap and cash do do somehting. Anyone care to speculate on where these guys are going to spend their money? That is simply too vast a honey pot not to tamper with? Diagnostics? Reagents? Microarray? Screening? ABSC? RE Alex Brown. For some prespective: Alex Brown had a 12 month target on INCY of apx. $26 only four months ago. The sagacious analyst is racing to keep up with the stock price. This is analysis? Bully for all the longs! Cheers,

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