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Biotech / Medical : Incyte (INCY) -- Ignore unavailable to you. Want to Upgrade?


To: nigel bates who wrote (1348)2/16/2000 2:32:00 PM
From: Lighthouse  Read Replies (2) | Respond to of 3202
 
This may set a record for the fastest in the money convert deal in biotech history. You bet the underwriters filled the overallotment.

Perhaps management should go for some more? <g>

Question: Any long term holders (by definition over four months ago) adding to positions here?

I have a very hard time justifying the current price, but then again I am considered rather dense (proof of which was my sale of INCY at $115). Can someone walk me through the valuation morass?

Cheers,