Incyte (INCY) Message Board

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Biotech / Medical : Incyte (INCY)

INCY 102.05

+0.3%

Nov 21 9:30 AM EST

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To: Richard Huth who wrote (716)	8/22/1998 10:14:00 PM
From: Filippo Zucchi	Read Replies (1) of 3202

I am new to this board and I have done only the initial homework on INCY. Can someone tell me why, other than the stinky market, INCY has plunged so far so fast? These type of moves rarely happen without a reason and without someone knowing something. What jumped out at me inthe 10-Q was the pending patent litigation. What's the scoop with that? Also, a few other biotechs I follow (agph, amgn) have not been hit nearly as much by the bad market, as well they shouldn't b/c biotech is the last things that has anything to do with Asia, Russia, Venezuela or any other financial crisis. I like the INCY's business, makes a lot of sense these days, but the chart looks like a whole lot of trouble. I'd appreciate all the wisdom that is out there.

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