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Biotech / Medical : Biotech Valuation

CRSP 55.11

-2.6%

Nov 7 9:30 AM EST

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To: Gary L. Kepler who wrote (138)	4/7/1999 1:48:00 AM
From: Mike McFarland	Read Replies (1) of 52153

Oh, I don't know how necessary it is to judge the science to know whether you want to own Incyte, I've got a pile of articles written about the patent issues associated with sequence data. I've read the pile twice...still don't know what to think. The science is the least of my concern... So you can imagine what is going through minds of biotech and mutual fund managers...maybe something like this: hmmm, I wonder if I'll have steak at lunch? God that waitress is hot...got to get rid of this paunch...will jog an extra five minutes today...that Seinfeld cracks me up...hope my brother got his shares of that crap.com IPO. etc Well, time to log off and spoon up to the wife. Had to spin down in front of the PC after seeing The Matrix tonight, not an awful movie...one part Tron, one part Brazil...and the rest Terminator. Amusing, an old story...with new effects. --MM

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