Incyte (INCY) Message Board

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Biotech / Medical : Incyte (INCY)

INCY 101.81

0.0%

10:40 AM EST

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To: Lighthouse who wrote (1371)	3/16/2000 8:54:00 AM
From: LLCF	Read Replies (2) of 3202

While I've long been bullish in INCY, let's face it when you start discounting future cash flows by wildly gyrating discount rates [because of uncertainty of gene ownership] it makes for plenty of excitement which IMO is likely to continue in the long run [hopefully settle down from this pace!]... and I still think $300 shr was wildly optimistic due to the sigma of future royalties. That said, look now!!! The company just raised $422 million [missed your 600 mill #, I probably missed a deal somewhere!] or almost $20 shr. so on the old stock we're down to $100! Lower if your number is correct. We're a value stock again! DAK

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