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Biotech / Medical : Neurocrine Biosciences (NBIX)
NBIX 136.22-0.8%Jan 23 9:30 AM EST

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To: Icebrg who wrote (1229)5/4/2004 1:46:24 PM
From: quidditch  Read Replies (1) of 1834
 
And I was thinking of selling cc's at $68. Rats. In any event, a number of interesting things flow from that squib:

- obvious that this was disseminated internally about a week ago

- curious about the delay--P3 trial results seemed to be very positive, and Estorra's approvable seemed to remove remaining doubts about the ER formulation and a LT label (although SEPR has dawdled in its re-submission--doesn't make sense in terms of management's touting the real possibility of a Class 1)--is this agency at work or PFE/NBIX?

- EPS estimate for 2005 is now $2.94????? from $2.55?? Where are they getting these numbers and time frame? Must be typos here

- mentions that current valuation fairly reflects earnings potential of indiplon only and says nothing about rest of the pipe

quid
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