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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Doc Bones who wrote (880)3/21/2000 9:27:00 AM
From: scaram(o)uche  Respond to of 52153
 
>> Most people would single out the wild run-up / run-down of genomic stocks as the biggest excess of the biotech
fever. And yet it's interesting that it took this craziness to get Incyte a reasonable valuation relative to its peers. <<

Glad someone caught it. When I made the prediction, there had been months of INCY-bad mouthing. Newbies to the sector, and those who had been immersed in LG*D bullshit for years, were shocked.

Now, nobody will blink an eye. Perceptions change rapidly for the sector. Take them to the bank.