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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: dalroi who wrote (8645)	2/23/2001 8:52:01 AM
From: Harold Engstrom	of 9719

INCY: with $200MM in annual revenues, good programs in the works, significant royalty payments expected in the future, near breakeven operations at the moment, and $600MM in cash, a $1000MM market cap seems unduly low.

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