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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: Mark Bong who wrote (8683)	3/17/2001 9:20:50 PM
From: scaram(o)uche	Read Replies (2) \| Respond to of 9719

>> Well, a lot of folks made money by selling early last year, and they have deferred their tax payment until now! << Certainly, no debating that. I'm one of them. >> To some degree, this happens every year. << Again, of course. But, it's the relative amount of cash ready to come out versus that ready to go in that counts. Everyone and his brother, every dotcommer on earth was paying taxes last year. This year? It's just "bear noise" and paranoia. I am amazed at how everyone buys into this doom and gloom line that is being laid out by bears. INCY at near cash and $3/share above book? That is........ * * I N S A N E * * Disclosure: I don't own shares of INCY. I would love to, but I'm focused on stuff where I see more leverage. The world has gone nuts again. I don't really mind, as it always means big bucks. However, really ticks me off that those who know the least about the sector -- Arnhold Barfholder, Motley Stool, Oscar Grunt et al. -- are the ones who yank it around most effectively.