Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rocketman who wrote (663)	6/17/1998 1:59:00 PM
From: Harold Engstrom	Respond to of 3202

In an unsure business environment, a market cap of $1B and profits of $15MM cause many investors to pause. Incyte will need to boost profits significantly to justify a much higher multiple. I think so anyway.

To: Rocketman who wrote (663)	7/8/1998 7:46:00 PM
From: h.l. meeks	Read Replies (1) \| Respond to of 3202

Wow.........the stock moves 13% on great volume and no news. And nobody's posting. I added a couple hundred shares to my core position. The price action was too good to pass up. Two blocks----20K and 30K both crossed at the ask ,back to back, at $38.25 and $38.38. Looked like there's news pending. I noticed that Deutche upgraded both HGSI and AFFX, but I saw no mention of INCY on the wires,and this looked too strong for a sympathy move. I can't find anything firm on the next earnings announcement date. Anybody have an earnings date? Or care to speculate on today's action?