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

To: Miljenko Zuanic who wrote (1305)	7/3/2000 8:02:02 PM
From: Torben Noerup Nielsen	Respond to of 52153

Miljenko, Interesting. I sort of guessed that was what you had in mind. I did reduce my position today though. But that was because of a technicality; I try to maintain absolute dollar ceilings as well as relative weightings on each position now and NBIX went over. So I picked up a few shares of INCY to compensate. But I still hold a lot of NBIX. I maintain a strong interest in certain classes of drugs since I have to use them a lot and I'm all too familiar with the drawbacks of the current crop. Thanks, Torben