Incyte (INCY) Message Board

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Biotech / Medical : Incyte (INCY)

INCY 105.64

+0.1%

Nov 26 3:59 PM EST

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To: James Hutton who wrote (533)	12/10/1997 7:44:00 PM
From: Cytokine1	Read Replies (3) of 3202

Projected 1998 earnings $.75 gives a PPE of 47..... My guess (and just a guess) as to price action is that some mutual funds took some profits. It has been a weak performer lately. I have seen no recent news to explain the weakness. Earlier this year there was a 40% correction from an intermediate top before the stock turned around and more than doubled off its low point in the correction. I own INCY and have bought at split-adjusted prices of anywhere from $22 to $33. I am holding and hoping the price holds, too. Buying opportunity? Your decision. INCY is the leader in bioinformatics with an impressive list of customers with signed contracts. Now if you could convince me to buy some ANLT (it's on my watch list). { ; > Good luck, Martin

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