Incyte (INCY) Message Board

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Biotech / Medical : Incyte (INCY)

INCY 102.05

+0.3%

3:59 PM EST

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To: Richard Huth who wrote (722)	9/10/1998 1:43:00 AM
From: George Sepetjian	Read Replies (1) of 3202

INCY is down 54% YTD. I agree with your comments about the 'market' being Right. This stock has essentially blown-up this year. But ask yourself what biotech or software company,with the exception of Microsoft, hasn't? It just so happens INCY is a hybrid of both industries and currently is being punished for it. The so-called smartmoney started abandoning INCY simply because they could actually quantify their earnings & have probably projected that they've contracted with all the major players in the near-term & that they don't have any catalyst to create an earnings surprise to merit the sky-hi p/e it once had. Patience will be rewarded. Consider it a 5 year CD. Now if I only had the guts to short Amazon.com.........

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